|
Home
Up
Co-brand
Partnerships
| |
| 3/17/99 Inco Ltd (N)
Points to watch: Inco has broken out to the
upside. The stock had been forming a bottom since hitting its lows last September.
The stock crossed above its 200 day moving average (11.67) on 3/4 for the first time since
mid 1997. The stock has broken above Gann angle resistance (now at 12.7) which
had provided resistance on 3 separate tests in November, January, and last week.
Yesterday Inco broke above its 55 week moving average (13.88). Daily RSI,
stochastics, and OBV are all in uptrends. Inco will likely move higher in the weeks
ahead.
|
|
