trying to figure out the science and art of trading and investing

an exchange of trading and investing knowledge. the various postings in this blog are based on my personal opinion only and do not constitute as investment advice. The blog owner shall not be liable for any losses incurred by visitors who take investment action based on the postings.

Thursday, May 18, 2006

Longcheer

Bouncing off the 50% retracement. MACD and STO show some side ways movement. Volume is low to push the stock up or down. Purely on a technical basis, this counter might be in range till it gather sufficent momentum to push up. Lets not forget the currnet storm that is brewing in the global equities market.

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