Friday, April 8, 2011

EMAN



EMAN broke out of candlevolume box on March 7th (Thursday). EOD Tues March 5th the CCI/EOM/MACD Histo Formulas all turned positive and a position was initiated (yellow arrow). The stock is in Stage 2 since the price is greater than the Daily MA(138). The latter is roughly equivalent to the 30 week MA. There was a delayed MTI buy signal on 4/7 (it took an extra day for the CCI to get up over 100).

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