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Revolutionizing Investor Psychology
 
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MFLX frypan bottom?

 
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trade350



Joined: 03 Apr 2006
Posts: 21

PostPosted: Tue Oct 03, 2006 12:43 am    Post subject: MFLX frypan bottom? Reply with quote

Stochastic turned up but stock still sideways. Does this mean even if I called the pattern correctly that it may not be working?

Thanks,

Trade
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Harry



Joined: 11 Jun 2005
Posts: 128
Location: midwest

PostPosted: Tue Oct 03, 2006 7:53 am    Post subject: Reply with quote

I would wait until it broke above 26.40. That is the 100 pma. After that, no resistance until 40 which is the 200 pma. A good one to keep our eye on. Very Happy
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