Monday, February 27, 2012

REE: Update


REE continues to tick down.  It closed over 6 on what appears to be a doji,  but the doji doesn't feel like a reversal, there was hardly any volume,  The MACD is still bearish and is staying steady.    There is a lot of congestion in this range from January's move.   It's bounced here last week but then faded.    


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