Friday, March 24, 2006
Landwind
Breakout from 42 cents resistance. Old resistance has now become the new support.Volume has increased tremendously. RSI has turned upwards but still below the oversold border of 70%. Stochastics in oversold region. The 50 days close simple moving average has now become a support line at 41.5 cents. Immediate resistance at 44 cents as shown by the green dotted line. Since clearing 41.5 cents a double bottom formation has been confirmed with a projected target of 46.5 cents.
# posted by Cherie : 3:26 PM
