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mesa613



Joined: 12 Jan 2006
Posts: 78

PostPosted: Sat Apr 28, 2007 4:55 pm    Post subject: OMX Reply with quote

Anyone have any thoughts on OMX? I know they are reporting their earnings this coming Thursday (which I don't like), but the candles seem to indicate that they had a gap at the bottom on heavy volume with the stochs in the oversold position (which I do like). I suspect that there might be support around the $48.50-49 level if history is any indication. No sign that this downward trend will reverse itself anytime soon though, but I'm keeping it on my watchlist for now.

Thanks in advance.
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