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Non-Tech : HOEN --- next one to catch SCH,EGRP, and SIEB?

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To: JSB who wrote (108)5/14/1999 11:35:00 AM
From: Bill Fortune III   of 118
 
Greetings everyone. What a quiet little stock HOEN is. Up a little again today to about $10. Something else I notice is that there are a few buy signals on the stock.

The Commodity Channel Index (CCI) issued a new buy signal on the 12th:
tscn.com

The MACD also issued a new buy signal on the 12th:
tscn.com

The Momentum Indicator has had a buy signal since mid April:
tscn.com

And the RSI has had a buy signal since mid March:
tscn.com

Good trading to all and regards,

Bill Fortune III

THE GREEN (BUY) ARROWS:

Breakout arrows
Each technical indicator that has breakouts will have the breakout points hilighted BY GREEN (POSITIVE BREAKOUTS) or red (negative breakouts) arrows. These are the equivalent to buy and sell points, however, see disclaimer below.

Disclaimer
Be aware that technical analysis is not foolproof and frequently produces bad signals (whipsaws). They should not be used as an automated buy and sell program but as a tool to enhance your probability of holding winning stocks. All technical analysis is based on mathematical calculations and, as such, no investment decision should be based solely on its conclusions.
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