Thursday, May 26, 2011

Mr. Softee is still limp

You know the fundie news better'n me but the technicals still look weak.

Check this out. The trend is still down and today's rally did not even break the 20-day expo average, let alone something more important. Next, on-balance volume is still falling. Today's volume was not exactly a barn burner.

I'll give you a small RSI divergence (not shown) but that's about it. Maybe they can tear Paul Allen away from his sports teams to come back.

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