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Strategies & Market Trends : TA setups-ex th traders -- Ignore unavailable to you. Want to Upgrade?


To: Galirayo who wrote (6769)5/18/2005 11:29:32 PM
From: cthruu  Read Replies (1) | Respond to of 7682
 
No, but here is how I'd look at it.

ttrader.com\'s%20charts&id=879&d=2

As you can see, the money stream and OBV (bottom) are quite bullish. It simply closed the March gap in April and made another breakaway gap on 5/5. I wasn't watching otherwise i would have been all over it.

Well, the lows are in; 50 DMA resistance is now support around 70 - that is where RIMM should pull back for a long entry.