Edited by hiker, 27 February 2007 - 11:01 AM.
RSH
Started by
hiker
, Feb 27 2007 10:52 AM
No replies to this topic
#1
Posted 27 February 2007 - 10:52 AM
first move above 50 month ema since 2005
first upside break of a d/t line on the lifetime monthly
note the proximity of this broken d't line to the 200 week sma
have posted RSH chart in recent weeks at my blog located at this TT site
see PnF chart for signifcance of price levels now being tested
RSH reported first turn to a profit in a while..Jeff Mackey at Fast Money show has been saying for at least 4 weeks now to own this one
prior to today, the advance had paused near the 200 week sma, which has held back advances since March ,05
RSH a leading % gainer today on NYSE
with the exception of this week, the 200 sma on the 13 minute has been unbroken support for this advance during last 20 days