Tuesday, August 3, 2010

YRCW Put in a Likely Monthly Cycle High at 0.439 Today 8-3-10


YRCW Put in a Likely Monthly Cycle High at 0.439 Today 8-3-10, see http://stockcharts.com/charts/gallery.html?s=yrcw. The 0.25ish downside gap may/probably will get filled in the next day or two, after which Wave A Down of the Monthly Downcycle, that probably began today, will probably bottom.

The final Monthly Cycle Low Wave C target is 0.15 to 0.17ish for YRCW. There's a downside gap in the neighborhood of 0.11 (looks like about 0.115) to keep in mind, that appears to be a bullish breakaway gap.

Do your due diligence before trading or investing in this super volatile stock. A YRCW insider bought $100,000 at 0.50 on May 6, see http://finance.yahoo.com/q/it?s=YRCW+Insider+Transactions.

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