Posted by dodgerdog on 28th of May 2008 at 12:56 pm
Just pointing out for traders that MOO found support at its 50
day MA and is turning higher. It's been drifting down on light
volume suggesting not alot of sellers. If it were to lose it's 50
day selling would likely increase. The note below was meant
primarily for traders.
Here are the comments on the chart from yesterday:
May
27th:Finally starting to move to the downside, however
volume is still light, might want to lock in 1/2 profits here and
readjust your stop.
Just pointing out for traders
MOO
Posted by dodgerdog on 28th of May 2008 at 12:56 pm
Just pointing out for traders that MOO found support at its 50 day MA and is turning higher. It's been drifting down on light volume suggesting not alot of sellers. If it were to lose it's 50 day selling would likely increase. The note below was meant primarily for traders.
Here are the comments on the chart from yesterday:
May 27th:Finally starting to move to the downside, however volume is still light, might want to lock in 1/2 profits here and readjust your stop.
MOO
Posted by powerchord on 28th of May 2008 at 01:05 pm
The components of MOO are having a big day -- up 4, 5 & 6%