GREY:EWDYF - Post by User
Post by
PiscesRisingon Sep 11, 2000 10:37pm
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Post# 2474406
Heres a Updated chart on EWD.....
Heres a Updated chart on EWD.....Some posts are talking the technical chart.
I have done one up. It has 50-Day, MACD
Stochastic and RSI. I have posted before that
when a stock does not participate in a rally
it will in the downturn. A stock should increase
say 10-20% and than give some back with the downturn.
This has been my experience. It would not surprise
me to see a 50% retracement from the $13 level.
That's right $6-$7 level. The market was in denial
in August about $30 oil and now it has to deal with
$40. But these are general market gyrations thats why
you are suppose to have cash on hand to buy on the
Dips. Well we will have the Dip and the NASDAQ will
test the spring Low of 3200. Thats just my technical
guess. Anyways hers the Link to the chart.
https://host.wallstreetcity.com/wsc2/GR-D-T.EWD-21-0-1-0-260-570-464-s_104_d_d_d_d_s_216_20_d_d_d_s_204_d_d_d_d_s_208_50_d_d_d_s_210_16_11_d_d_s_213_14_2_d_d_-4DCE2F7388FAE7B154552E9A8EF6238DAA102BCB.gif