Current Trade

Tuesday, November 30, 2010

EVG.V

There's good strong trending indications developing in all the chart studies I employ against EVG.V... Level II is demonstrating a distinct lack of selling, although the market appears very cautious, the bid/ask gap is noticeable, almost .05 cents to the upside on the open this morning...  this demonstrates lack of sellers as well as cautious buyers... left to it's own, it has been my experience a price will rise before it descends due to human nature (sellers will not leap to the bid unless they are pushed) that isn't being manipulated by institutional sellers. Buyers will creep in and take the bid as it moves into the range. StockCharts Public Chart List



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