Rally capped by 50 EMA and now testing $2.57 support. Support failure most probably to occur tomorrow and a retest of green uptrend support line again. This short rally shows price weakness and the green uptrend support line may not hold this time. Expect price to test $2.00 gap support if no Big Bulls buy near green support line.
Tuesday, February 5, 2008
STX PO back to $2.57 support again
Posted by Chart Smart at 9:30 PM 0 comments
Jade 30 mins chart breakout direction
Posted by Chart Smart at 4:36 PM 0 comments
Enterprise resource planning Best Practices
Best Practices were also a benefit of implementing an ERP system. When implementing an ERP system, organizations essentially had to choose between customizing the software or modifying their business processes to the "Best Practice" function delivered in the vanilla version of the software.
Typically, the delivery of best practice applies more usefully to large organizations and especially where there is a compliance requirement such as IFRS, Sarbanes-Oxley or Basel II, or where the process is a commodity such as electronic funds transfer. This is because the procedure of capturing and reporting legislative or commodity content can be readily codified within the ERP software, and then replicated with confidence across multiple businesses who have the same business requirement.
Where such a compliance or commodity requirement does not underpin the business process, it can be argued that determining and applying a Best Practice actually erodes competitive advantage by homogenizing the business as compared to everyone else in the industry sector.
http://en.wikipedia.org/wiki/Enterprise_Resource_Planning
Posted by Chart Smart at 3:54 PM 0 comments
Jade 30 mins chart key gap resistance
Upward price action blocked by key gap support zone 16 to 14.5 cents. Need to breakout above 16 cents to ensure upward momentum continues. Monitor 20 EMA and 50 EMA support lines.
Posted by Chart Smart at 10:44 AM 0 comments
CSC pierced key resistance line
Posted by Chart Smart at 1:39 AM 1 comments