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Registered User Joined: 12/30/2004 Posts: 4
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I was wondering if this is good time to jump in....the chart looks in uptrend ...earnings will be released on May 14th and it seems that governance issues will be resolved very soon.Any thoughts?
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Registered User Joined: 12/21/2004 Posts: 902
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Overall a nice looking chart with some nice interaction with and support at the 13ema and very nice TSV action. The only dampers for me are the daily MACD-H and MS - neither are keeping up with price, indicating, to me, less overall short-term strength than I would like to see for entry into a short-term play. But otherwise, not a bad looking chart at all - weekly chart is impressive. I would definitely consider this for a medium-term holding, but I expect a little bit more pullback first.
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Registered User Joined: 12/30/2004 Posts: 4
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Thanks hohandy, you were right on the dot...little pullback in the beginning of the week and than up...I think next week with the Q1 results on Mon./Tue. this stock is poised to fly.
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Registered User Joined: 12/21/2004 Posts: 902
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it did have a good week - good luck with it!
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Registered User Joined: 4/18/2005 Posts: 4,090
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Just out of curiousity do you guys think a weekly view of volume has any merrit? The last four bars have been pretty decent but volume as a rule from JAS FWD as a general rule is declining. I don't know if it is by a significant amount or not. And I have seen late volume surges. Ilike the candle formation.
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