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


To: D.B. Cooper who wrote (612)6/3/2005 5:23:21 PM
From: Walkingshadow  Respond to of 4814
 
Hi DB,

HURC is consolidating at new support above that gap.

139.142.147.218

While there are technical sell signals in place (Williams and now stochastics), I don't think HURC will pull back very far. I doubt it will enter that gap. Rather, it is more likely that we see another day or two of consolidation, then HURC will likely resume its uptrend.

However, it has not seen the middle of the BBs for a while, and a revisit there is on the agenda. I think that will not happen until the 20sma (i.e., the midline of the BBs) rises to at least 17, if not 18.

stockcharts.com[w,a]daclyyay[dd][pd20,2!b50][vc60][iLg!Lp14,3,3]&pref=G

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