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


To: Cogito Ergo Sum who wrote (13015)2/22/2008 12:06:51 AM
From: Perlite  Read Replies (1) | Respond to of 30080
 
STM is unfurling a pennant right at the 50 DMA...the reverse H&S, and the positive slant of the accumulation/dist line since STM began its retracement in August 07 seems to indicate that when it breaks shortly it goes North...I like the double bottom DML has formed on the 5 day chart, but am not impressed with the height of the topping tail on todays candle which says to me there will probably be some profit taking tomorrow...I think any trader would be wise to keep an eye on tomorrows volume to ensure it is lower than todays and yesterdays