The chart is pretty quiet obviously. The indicator
Post# of 45510
Posted On: 02/11/2013 10:30:04 PM
The chart is pretty quiet obviously. The indicators arent too important right now but the moving aves look very good. Support in the 21-23 range has been tested many times in the last few months and has held very nicely. The 50 dma is perfectly straight since the end of Jan, which means it wont be significant resistance when it starts to run. The 20 dma and Bolly bands are tightly pinched and have been straight since the beginning of Feb. This is picture perfect consolidation. The chart is primed for a run and just waiting for a spark. Everyone in or thinking about getting in is waiting for some news or revs to light the fuse.
(0)
(0)