Wednesday, May 16, 2007

HIH finally hitting resistance..

The past couple of months for HIH have shown strength on the MACD scale. Bullish out of the trendlines i predicted in March, HIH now closed at 19.13 today. Seems as though this stock has hit a resistance point at about 19.30 and support level short of 19.03. As it nears the 50 day MA, I expect continued bullish trends on high volume. Good luck!