The daily chart uptrend continues
Post# of 39368
Posted On: 06/13/2013 5:55:07 PM
It's pretty cut and dry folks this is an uptrend. The blue line is the 20 day moving average, which is trading above the red line which is the 50 day moving average. Both lines are sloping upwards and price is trading above those lines.
Some of us may want a steeper slope, but I'm fine with a gradual slope that lets in lots of investors at these low prices. It makes a much stronger base for when the fireworks really get started and the stock goes vertical.
[IMG]http://i.imgur.com/Zhj6Ojl.png[/IMG]
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