SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : ASK Vendit Off Topic Questions

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: freeus who wrote (621)6/8/1999 5:27:00 PM
From: Venditâ„¢  Read Replies (2) of 19374
 
Freeus

I see a black candle has formed today. This usually means a lower open is in store for the next trading day. One other thing to note is that every single top on a chart has a black candle sitting on top of it. I see some very strong support at $50 where it just bounced a few days ago.

The Williams R indicator is still headed up which is still bullish although it has a slight bend in it now and bears watching.

askresearch.com

Stochastics is still positive also and shows a buy signal last Friday.

askresearch.com

Money flow shows cash still coming into NITE.

askresearch.com

Relative strength is neutral to slightly positive.

askresearch.com

ROC is also signaling a medium term long position is fine now.

askresearch.com

A picture of the upper and lower trading ranges for NITE are as follows; NITE has yet to break over head resistance of $60 as a close so it is still stuck in the lower range from $44 ½ to $60. A close above $60 will make $60 to $80ish the new trading range.

206.146.143.80

Bottom line opinion: If NITE fails again tomorrow to break $60 as a close then it will travel back to at least $50 with $44 ½ as the worst case scenario. If NITE does break the OHR of $60 tomorrow then a nice pop to $80 or close to it is very possible over the next week. The fall back has a 50/50 chance as it looks today.
The release of government numbers this week is driving this wild ride still.

All IMHO

Vendit

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext