arvo market lounge 5-1-12, page-37

Hi Firsova

LRS Please don't take my word as gospel as I am not as good as the regulars and i am not sure what your intentions or timeframes are with this stock.

IMO I would be personally trying to jump out not necesarily buy more but this could be the charts reaction to the none trading days. Short termer thinking and my disclaimer is I know NOTHING about this stock i am just looking at the daily chart. I can look intraday shortly if you like just if you can give me an idea what time period you need and how your thinking i can aim something useful at you.

2 gaps which is where i may consider rentry dependant on the stochastics volume momentum - 25 and obviously the biggy 18 - 21 which was your breakout.

Daily indicators

MFI = 96 overbought
RSi = 76 overbought but trend not broken and has seen 91 Feb 2011
Twiggs money flow 12.6% but its coming down and either bounce on trend line or break ...obvious point but its coming down to the trend line!
Daily stochastics 14:3 overbought at 100%
Macd still positive but moving back to cross down also volume dropping off.
Momentum also dropped off.

Your also 2 clicks from the top bollinger bands at the moment so always wise to let that come back.

I could be very wrong but thats my thoughts and the chart could be subject to the non trading days as i said. But be aware thats different indicators saying similar things.

Summary the up trend will break on monday if staying as is. Apart from that I think it will come back and you will probably have a better buying opp at the gap at 25 but you need confirmation of the trend. This is obviously excluding any anns coming or anything else left field. I have used a number of indicators because i know nothing of your stock hence the non posting of chart.

Sorry if this info is useless withoout the chart.....a picture speaks louder than words i know.