6 replies to this topic

[hiker]

today represents 3rd retest of the d/t line that has held back all prior advances since the historic high this current retest is precisely right on the terminating price of that d/t line 20month sma is 21.41..which lines up nicely with some prior swing highs 15month sma is 22.29

Edited by hiker, 30 May 2007 - 09:09 AM.

[TTHQ Staff]

So far so good.. thx

http://stockcharts.c...6216&r=5744.png

[hiker]

appreciate the feedback. thanks. I remain long CWTR and DBRN entered yesterday and today....see no reason to sell yet...I have no idea whether DBRN will close above d/t line, so will give it time to prove itself.

[hiker]

24.30- 24.50's..sold CWTR longs..will look for reentry TA says to remain long...I am simply booking profits.

Edited by hiker, 30 May 2007 - 10:58 AM.

[TTHQ Staff]

The volume is on your side. Looking even better than it did this AM.

[hiker]

DBRN...on the daily chart, the volume candle so far does not look like anything special, tho' by the close it may be above the recent ones since 11/28/06...so far I see no reason not to give DBRN more time to break above d/t line. CWTR..will decide in later p.m. whether to reenter long before the close

[hiker]

i have sold DBRN long...probably early.