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Monday, May 12, 2008

MBT - Setting up for higher

MBT is starting to look nice - a move above 80 would have the stock above its 21, 50 and 200 day averages and it'd have just broken out of the declining tops.


4 comments:

Darwin said...

R U still looking at PKX for a possible break from its' downtrend?Need some volume...

Johnson's Blog said...

Darwin-

Yeah, its out of the declining tops but the volume isn't there yet. I'll likely get in when the volume shows up. It'd help for it to get over 135 as well.

Darwin said...

Grt, thx for the reply..will be watching.

Darwin said...

Action starting to look better on PKX....slowly, volume creeping in.