Recommended Reading

Google Search

Google
 
Charts courtesy of stockcharts.com

Thursday, August 26, 2010

RHT

RHT has a chart that is nearly the mirror image of the market. It is in a strong uptrend with just enough deep dips to scare out the weak holders and allow   the big boys to accumulate it.  The pre relative line has been steadily rising since March, and it has had several bounces off the 200dma. This has a history of dropping like a rok almost immediately after a breakout, so the next collapse may be the best enty.

No comments:

Google Analytics