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EXM

 
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cola
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PostPosted: Mon Dec 13, 2004 12:30 pm    Post subject: EXM Reply with quote

What do you see in the EXM chart that allows you to recommend it as a hold?
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candlestick1
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Joined: 27 Jun 2004
Posts: 503
Location: Houston, Texas

PostPosted: Mon Dec 13, 2004 12:38 pm    Post subject: EXM pullback Reply with quote

EXM did not show any candlestick sell signal at the start of this pullback. It has now pulled back to just under the 50 day MA like it did in late Nov. The stochastics are getting back to the oversold area, and it appears as if the chart is forming an oscillating uptrending chart, anticipate when the stochastics get to the oversold area in the next day or two, the buying will take it back up to the top end of the trading range.
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