ASK Vendit Off Topic Questions Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: RocketMan who wrote (11189)	4/10/2000 5:09:00 AM
From: Vendit™	Read Replies (1) of 19374

HI RM Re: Have you ever seen a situation where almost every tech leader has almost identical charts signalling buys or near-signals on stochastics and macd? Yes I have on many occasions. Almost two weeks ago on a friday I had noticed the same chart formations for most of the tech leaders but they were all looking extremely overbought. I made reference to that fact on this thread. What I found most interesting was the candle formed on that Friday was a small body with a long shadow coming from the top of it. This showed me that after a nice move up intraday profit began tp take began. This was true of nearly every single large tech stock that I looked at. It screamed sell off!. Now you see candle patterns that look just the opposite on these same stocks for the last 3 days. They are telling me that more upside is in the cards this week IMO. The other indicators I look at agree with this.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next