DIG stopped at the downtrend
line. However I think DIG is trying to pound out a bottom. Remember
that bottoming is a process and subject to false starts etc. Also,
DIG can swing $1 in the blink of an eye.
However I don't want to see DIG
fall below 75, otherwise it will test the lower trendline
again
DIG stopped at the downtrend line.
DIG
Posted by matt on 12th of Aug 2008 at 11:38 am
DIG stopped at the downtrend line. However I think DIG is trying to pound out a bottom. Remember that bottoming is a process and subject to false starts etc. Also, DIG can swing $1 in the blink of an eye.
However I don't want to see DIG fall below 75, otherwise it will test the lower trendline again
DIG chart
DIG 60 min chart.png
DIG
Posted by vmath on 12th of Aug 2008 at 11:43 am
Thanks Matt
matt, forgive my ignorance, what
Posted by googool on 12th of Aug 2008 at 11:42 am
matt, forgive my ignorance, what do you mean by "pounding out a bottom"?