Friday, November 11, 2011

Into JRCC @ $8.4692...


Have been waiting for oversold signal on Money Flow coupled with a MACD bullish divergence - finally happened...

Taken together with better than expected UoM Consumer Sentiment and evidence of more capital expenditures from US corporations such as Caterpillar, there could be more upside for JRCC, which has been selling off for the past several days.

Here's the chart...




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