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Mcdowell

Discuss Mcdowell at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi , McDowell Crossed the resisatnce level of 75 .closing at 75.4. The high of ...


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  #1  
Old 8th November 2004, 04:46 PM
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Default Mcdowell

Hi ,

McDowell Crossed the resisatnce level of 75 .closing at 75.4. The high of the day is 76.15 which is the 52 week high ..

DOnt have th e graph to attch right now .


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Old 8th November 2004, 05:14 PM
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Default Re: Mcdowell

McDowell had made a top of 74.00 in December 2003 and again in September 2004. A close above these two tops clearly indicates more celebrations ahead.
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Old 8th November 2004, 05:17 PM
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Default Re: Mcdowell

sir

here is the chart
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File Type: jpg mcdo.jpg (80.3 KB, 27 views)
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Old 8th November 2004, 05:22 PM
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Default Re: Mcdowell

The chart clearly shows a breakout on high volumes. This definately indicates higher prices ahead.

Also one can use 68-69 as a stoploss.
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