GREY:FNKLF - Post by User
Comment by
threecpxon Mar 13, 2007 3:40am
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Post# 12406612
RE: Critical level ?
RE: Critical level ?The 1.30 is key for a break-out to the up-side. That is the final hurdle on the price-volume chart.
Currently after today's close the 2d sma and 4 d ema has are equal at 1.18. Tuesday close will be the decision day whether it will be a sell of sideways.
Most momentum indicator have levelled off and starting to curl down, but no sell signal yet.
Let's wait until tomorrow's close.
Let's watch the 1.15 level first before we look at 1.30.
2 cents