Edited by hiker, 05 February 2007 - 04:00 PM.
rmbs
Started by
hiker
, Feb 05 2007 03:59 PM
1 reply to this topic
#1
Posted 05 February 2007 - 03:59 PM
note 23.50 to .83 on daily and weekly...long term weekly
note test of one d/t line
20 sma on the 13 minute providing support today
5 sma on 60 minute providing support today
20 sma on 1 minute has not been broken since 1526 time stamp
right or wrong..I am keeping 45% of this long position overnight
have been buying all day on dips toward the 20 sma on the 13 minute
#2
Posted 05 February 2007 - 06:09 PM
also note current price action vs. the previously broken uptrend line drawn off the August 2006 low
today represents the first move above the 200 day sma since June,06\
price action needs to move above 23.50 to .83 horizontal zone before further advance may continue
Edited by hiker, 05 February 2007 - 06:11 PM.