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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad
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To: stoxguru who wrote (878)3/8/2001 8:14:24 AM
From: tyc:>  Read Replies (1) of 5144
 
Here is a chart that I find attractive. Let's see what happens.

stockcharts.com

1. The stock appears to be emerging from a period of low-volatility consolidation. Note the pinching of the bollinger bands indicating lower that normal volatility. Time and again, a lower-than-normal volatility seems to precede a dramatic move.

2. Note that all indicators used (MACD, RSI, CMF and accumulation/distribution line), all show positive.
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