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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: jennifersilversun who wrote (52760)5/24/2006 5:20:14 PM
From: TheSlowLane  Read Replies (1) | Respond to of 312709
 
The volume has mostly been declining since the 15th. Today, we hit the 200 day EMA on the daily chart and reached down to the 2.85 level, which has been support in the past:



RSI is not quite oversold but it looks like it is trying to make a bottom here. Would not like to see it close below the 200 on any kind of sustained basis, but I'd say that given the fact that we're all reaching for our barf bags that we're close to a turn here.


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