Posted On: 11/28/2012 4:48:27 PM
Post# of 63649
JO--POEM I was thinking of buying in the 36/37 area as a triple bottom in June and back to 2010. I thought I should wait til it crossed the 20 day MA before a buy, glad I waited. You can see that the 20 day MA was resistance today as well, but the divergence in the stock and the actual commodity talked me into buying. This is just maybe a two month trade at the longest for me.
http://stockcharts.com/h-sc/ui?s=JO&p=D&a...2734062421
http://www.finviz.com/futures_charts.ashx?t=KC
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