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Strategies & Market Trends : Playing the QQQQ with Terry and friends. -- Ignore unavailable to you. Want to Upgrade?

To: Jane4IceCream who wrote (575)	6/2/2005 6:17:56 PM
From: Walkingshadow	Read Replies (1) \| Respond to of 4814

BWNG doesn't have a lot of trading history, so it is difficult to interpret. But it looks to me like BWNG is about to test chart resistance from last year and also from January/February at about $5.75 or so: 139.142.147.218 BWNG is getting pretty overbought, but that said, the momentum looks to be shifting to the upside here, so that test may well be successful; I think the chances are probably about 70/30. Arguing for this possibility it the fact that the 4 most recent candles are very bullish. T