REY All Time High
By Johns Wu on Jul 23, 2006
REY, Reynolds and Reynolds Co., has broken out to all time highs. Here is the stock chart analysis.
This stock chart looks awesome. Keep in mind this is a weekly chart. REY has support right now at around $31, so keep it on your watchlists for a swing trading setup.
This entry was posted on Sunday, July 23rd, 2006 at 9:57 pm and is filed under Annotated Analysis.
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2 Responses to “REY All Time High”
By Johns on July 24th, 2006 at 11:09 am
hard to say with this bearmarket. just keep a stop below the suppport incase is goes back into the price channel
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Hi great site by the way. Im looking at REY and the technicals look great except for the OBV. It hasn’t reached an all time high like the price did. Do you think this is of concern? I just have a funny feeling that it will retrace back into its trend channels.