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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum

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To: Jenna who started this subject2/8/2001 11:00:59 PM
From: tennessee_ted  Read Replies (2) of 6445
 
Climatic volume on AETH play for reversal/bounce?
Velez & Capra's book uses climatic volume at the end of a trend to signal the reversal. AETH's volume today was almost 3 times the past month's average- could this mean the selling has exhausted itself and could it bounce off its previous low? Stochastics are oversold, but others not promising- MFI and RSI dropping and DI+/DI- going wrong way. Comments?
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