Thursday, April 14, 2011

NIB






Established a nice position in NIB over the last few days. Price broke through the 30 week MA (~138 Day MA) to enter Stan Weinstein Stage 2. MACD Histogram has been rising for the past 4 weeks and is now in positive range. The Aroon Oscillator has begun to turn up and the Elder bars are green. Price is below the cloud and MAs still need to cross. Daily 3 Line Break laid down a nice white bar today. Heikin Ashi also looks good. NIB MTI has green AO, white KH & rising TSI. CCI needs to break above 100 and RSQR needs to form saucer.

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