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To: Sollii who wrote (265)5/4/2005 4:51:38 PM
From: critical_mass  Respond to of 294
 
BA looks short term overbought, but the money flow is positive, and as you mentioned it is trading above 50 and 13 dma.

stockcharts.com[m,a]daclyyay[pb50!b13!f][vc60][iUc8!Up14,3,3]&pref=G

you might be able to get a couple of points if it travels to the 50 dma, but not much more, IMHO.



To: Sollii who wrote (265)5/4/2005 4:57:00 PM
From: Arie70  Respond to of 294
 
Hi Sollii,

Thanks for your input. What got my attention are the following:
1. They have currently hit resistance from July 1997 (do not know if you look that back)
2. Seems that on weekly charts there is a divergence between the price and RSI,MACD, OBV, STO and A/D line.
3. Looking at the daily charts i believe there is a nasty rising wedge that started in march.

Wow, what a crazy market today. I hope things went well for you. I tried shorting GM at 32.5 but no shares available.

Take care -