StockFetcher Forums · General Discussion · NYNY Long?<< >>Post Follow-up
five40
23 posts
msg #56283
Ignore five40
11/1/2007 3:06:33 PM

I'd appreciate comments on the NYNY chart. Looks like it may be an opportunity for a 10-15% upward bounce over next 1-5 days.

My read-

Uptrend since 8/6/07
Good support at current price (5.00 to 5.15)
Not much resistance until about 5.75

I'm new at this so input will be helpful (or not ;-p )

johnpaulca
12,036 posts
msg #56290
Ignore johnpaulca
11/1/2007 4:25:24 PM

You are right about the support... short term downtrend...good volume at support, a good sign...



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