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Would you buy this stock?


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#1 traderpaul

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Posted 18 August 2007 - 03:16 AM

http://stockcharts.com/c-sc/sc?s=$ONE:GS&p=D&yr=0&mn=6&dy=0&i=t41185133523&r=5408.png


http://stockcharts.c...2299&r=6347.png
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay

#2 ogm

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Posted 18 August 2007 - 06:09 AM

It has 200 written all over it. RSI bottomy, huge volume spike, last 2 positive days are on very high volume. It looks washed out for the time being. Retest of 200 MA looks very likely.

#3 traderpaul

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Posted 18 August 2007 - 08:47 AM

Ogm, You supposed to look at the inverted chart.....and say .....Nice base.....Broke out.....Had two pulled backs.....moving averages crossed......time to load up for wave 5.....(time to sell, the chart is inverted).
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay

#4 phil_hubb

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Posted 18 August 2007 - 05:32 PM

I wouldn't touch this stock, long or short. This stock is in no man's land. :unsure: