Saturday, March 18, 2006
Rotary as requested by JamesT
Rotary tested resistance at 51.5 cents but failed to breakout. Volume has increased as price broke thru the minor resistance at 50.5 cents. RSI is leading and signals a buy. MACD still lagging but looks like at the verge of triggering a buy signal on Monday. Stochastics still waiting for crossover buy signal. Immediate support is 49.5 cents as shown by the dark blue dotted line. Immediate resistance is 51.5 cents. Next resistance will be 53.5 cents as shown by the black dotted line. An interesting week ahead for this stock.