Wednesday, January 6, 2010

TIE and CREE



TIE: Currently overbought, daily RSI >80 and weekly >70. Approaching resistance at 14.90-15.00

CREE: Currently overbought, both daily and weekly RSI >80. Approaching resistance at 60.

60-62 zone acted as a resistance back in 2000

Nov 7, 2000 open-60.16 high-60.16 low-54.00 close-55.81
Nov 6, 2000 open-60.22 high-64.12 low-59.69 close-61.50
Nov 3, 2000 open-56.00 high-61.44 low-54.62 close-59.88

2 comments:

  1. Great TIE call. Was our resolution to chart more in 2010?

    -roma

    ReplyDelete
  2. Thanks Romaitas!

    Was our resolution to chart more in 2010?

    Hahahaa....not really, I am just learning to create charts as evidenced by the quality of my charts :-)

    Pramod.

    ReplyDelete