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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Gary1046 who wrote (18181)5/24/2006 10:22:20 PM
From: Ken W  Respond to of 23958
 
Hi Gary

Jeez, it's been a while since we have heard from you! LOL

On GNTA: stockcharts.com

1.80 was a head hit today, right at horizontal resistance. Given the volume I'd bet that there was some giving up by the short sellers that they were not going to break it under 1.40 at horizontal support. It looks like a good buy (TA wise) anywhere between 1.58 and 1.64 based on the daily 50dMA at 1.58 and the weekly 50 period moving average at 1.64..The weekly chart looks really good as the STO's, RSI, %b have all turned up and from a bottom B band. If the 1.80 resistance is taken out then the next target is 2.00.

Ken