Janie....only did a quick technicals review of BOL,LASE,STAA,and VISX this morning, but here's my take (for what it's worth!)
STAA: looks like money flow just turned negative with RSI and Williams %R weakening, I won't buy an issue that isn't strong relative to the market and who big money is betting against, so this one, for me, is not ready yet.
LASE: big money is still leaving this stock.
VISX: Girl, this one is still a falling knife!....All technical indicators are heading south for the winter....best thing I can find about this one is that the money flow appears to be approaching oversold....but who knows how long it will stay there?....No way Jose on this one.
BOL: Well....the best of the batch....Money flow, RSI, Williams %R are all positive, Stochastics are maybe turning positive, had a great one day volume that may be indicative of a reversal to the upside....that's the positives....the negatives are that it is trading below it's 200DMA and it looks like the 200DMA is still declining, I surely do like to wait for them to cross the 200DMA on strength before getting in!....I don't know on this one....I think this is one that I'll take to the next step of my personal evaluative technique and do some research into the company's fundamentals, but this might be a keeper, I'll let you know what I think....if you know something of the fundamentals, please share with me! |
