Wednesday, April 05, 2006
Food Empire Weekly Chart as requested by Prime
Broke out from downtrend and estblishing new uptrend. RSI hovering near 70% overbought border. Stochastics in overbought region.Immediate resistance is 36.5 cents. Next resistance band is 38 cents and 38.5 cents. Breakout from this resistance band will see retest of 42.5 cents resistance as shown by the green line. Immediate support is the light blue line at 33.5 cents.