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Gold/Mining/Energy : Uranium Stocks -- Ignore unavailable to you. Want to Upgrade?


To: jimsioi who wrote (11121)5/14/2007 1:43:18 PM
From: bigfishy  Read Replies (2) | Respond to of 30213
 
Valuation of dml may be rich. Technically speaking, the chart doesn't look all that bad, imho. It's trying to break above a triple top on good volume. There's no overhead supply to work through on the chart. RSI isn't in overbought range. It's above or near the upper bollinger. EMAs are rising. It may break down, but it hasn't yet. I'm sticking with it till it does, although I sold 50% at last 2top failure. Sector and seasonality weakness is a legit concern, but it could break upward just as easily. Thanks for the warnings, definitely made me look, which is all good! I also wouldn't be surprised @ more consolidation lower, to help power the next leg up.