posted
Another one looking ready to go on the charts.
Outstanding Shares: 155,169,650 as of 2004-12-01
Estimated Market Cap: Not Available Authorized Shares: 400,000,000 as of 2004-12-09
Look for it to break the 20/50 MA's to run well. %R, Fast/Slow stochs all trending up very nicely. MACD near zero and ready to cross and run. RSI about to cross 50 on the way up.
CMF looks pretty useless to read on this one since it's been green for a while.
Histogram is still negative but uptrending; just as the MACD is.
I say radar it and watch to see if more volume comes in. Breaking the 20 MA seems crucial since the last run was quickly halted by it. You can see what happens when it does break the 20 MA though. Reversal isn't necesarily confirmed yet but I think it could be close. I'll be watching.
Will this be moving to the .11 and up thread shortly?
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