Wednesday, November 9, 2011

EMBA - Starting To Turn


This has been some drop for EMBA. Could it continue to fall? Absolutely. Do I think it has a sharp rally in store? Absolutely, the question is when. What I like about this chart after today's close is the curling of the MACD. Volume has slowed, selling still has abated, buyers are whats lacking. And absent any further selling I think EMBA has a sharp rally coming.

2 comments:

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jamesbalfour said...

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