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[sharechat] CEN Chart


From: Phaedrus <Phaedrus@techemail.com>
Date: Wed, 29 Aug 2001 18:41:23 -0700 (PDT)


Mat,
     CEN is currently in a short and medium-term uptrend. Technically, buying 
at current levels would be considered a high risk proposition. This is because 
the Stochastic Oscillator (shown in the upper plot) is greater than 80 and is 
thus in the OverBought zone. Low risk entry points are when the Stochastic 
Oscillator is in the OverSold zone (less than 20), and has just climbed above 
its moving average trigger line (red). The two buy points on this plot meeting 
these criteria are marked with green arrows.
  Right now, CEN is a Hold, not a Buy. Short-term traders would be getting 
ready to sell.
                 Regards,
                          Phaedrus.

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