OSTK Analysis for 08.27.2007

Monthly chart shows buyers found support off the .886 fib level. After 3 indecisive months, buyers coming out in force the month of August 2007.

Weekly chart shows choppiness on the move up. Price has cleared the current resistance of the small LIS at the $20 level. IF price can manage to stay above $20, THEN look for next upside target to be test of the $32.81 area high.

Daily chart shows sloppy, choppy price movement. However, enough early buyers coming back into the stock to close it above all key moving averages.