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Gold/Mining/Energy : Tusk Energy (TKE) -- Ignore unavailable to you. Want to Upgrade?


To: Ed Pakstas who wrote (368)4/28/1998 5:13:00 PM
From: Ed Pakstas  Respond to of 1207
 
FWIW... Just looked at the TKE chart...

Candlesticks...Bullish...

Bollinger Bands... Stock closed below the upper band (not by much)...Looks like it still has some room to go forward... Penetrated the upper line and then pulled back... Would be nice it it stayed in this range for a few days in order to let those bands contract a bit and in order to let that 60 day moving average line, move up...

Stohastics...K line is at 79% and the D line is at 72%... Previous trading patterns indicates that when the K line hits 100% and the D line breaks the 75% margins for a few days, a re-tracement is in order...

IMHO...In other words... It still looks like it has room to go higher...

Caution: I have known to be wrong before...

One problem though with all these charts... They don't know and can't read the story...A good NR will blow them all out of perspective

...ed



To: Ed Pakstas who wrote (368)4/29/1998 2:04:00 PM
From: marketbrief.com  Read Replies (1) | Respond to of 1207
 
Ed, I couldn't stand it this morning, so I sold some for fun at $2.35 and $2.33 because there was a tiny divergence in the 15 minute chart and the 60 minute chart seems to be rolling over too, but this one is volatile so who knows? Just sitting around this morning...what's your take on this now?