Heres some observations on MAH someone requested:
The weekly chart shows price has been channeling up nicely with a recent breakout on increasing volume. It looks good for 75c here with resistance being the previous top and the top of the current channel its in. 60c should now be support.
On a daily chart price has going up in a series of flag type patterns. It is currently in what looks like a counter trend pullback on lighter volume which is bullish short term.
Daily stochastics are in mega overbought area for the first time in a long time. This is bullish for the trend IMO.
RSI has broken out of its resistance as well which is bullish.
Acc/Dis has also broken out.
All up she looks good for 75c, but I believe if she can break 75c on volume, the next target of $1.00 is acheivable, all other things being equal.
weekend charting 8th jan 2010, page-119
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