weekend charting 29-01-10, page-70

  1. 1,786 Posts.
    Emanual good trade at 67c on MRE with horiz and channel support there, just keep in mind it is under all moving averages, including 150 so it is in definite downtrend. IMO tight stop of 64.

    Whoever mentioned DML just be very careful of tips from Diggers and Drillers, the winners are great, the losers hurt bad, and it is always a very bumpy ride.

    Again a theory of mine, stocks that spike wildly like that just leave behind a trail of disgruntled / anxious shareholders. If you aren't in it now, wait for the retrace and a confirmed run again before you get on. DO NOT chase!



 
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