re: tagstash Hi tagstash,
Thanks very much for those. I'm probably more inclined toward IAG, I think. Run a money flow or accumulation/distribution indicator over IAG, you can see the value has declined significantly over past couple of weeks. PMN has held up in that department though it still looks weak.
Another one to watch is LEI. It isn't a divergence setup, but it has hit an almightly resistance level at $11.94.
Judging from the insto's attempts at juggling on Friday it may struggle to hold up this week. Generally I am very reluctant to short into an uptrends without large and strong signals like divergence etc combined with a significant fib. level...
All bets are off if LEI closes above $11.94 though.
Bought Metastock 9 last week and still fumbling around with it, will post a chart when I get a decent grip on it.
Cheers,
Christian
PMN
promina group limited
