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Message: Re: 52 week high is 24.5¢

Jan 07, 2010 06:23PM

Composite Indicator Trend Spotter TM

Buy Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Buy Short Term Indicators Average: 100% - Buy 20-Day Average Volume - 219574

Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy Medium Term Indicators Average: 100% - Buy 50-Day Average Volume - 107397

Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Sell Long Term Indicators Average: 33% - Buy 100-Day Average Volume - 68626

Overall Average:

88% - Buy

Price

Support

Pivot Point

Resistance

       

0.2300

0.2167

0.2367

0.2567

Looking forward to see what next week as in store for E , If the US dollar index remains the same or goes lower and if other news affecting the price of oil remain positive ( weather and politic ) we could see E SP go upward again , even more so if some other Investment firm comes in or if other positive news in terms of contracts should come up .

So far so good anyway even if the price remains steady we'll hope for volume increase , as Roy said volume will be the key this should give support to the actual SP and lift confidence in the stock .

Have a good week .

Tec??

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