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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad

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To: SurfForWealth who wrote (1526)3/23/2001 3:19:44 PM
From: Cush  Read Replies (2) of 5144
 
Hey Surf. Electronics Manufacturing. EMG on TSE

stockcharts.com[w,a]daclyimy[dc][pb10!b50!b200!h.02,.20][vc60][iUd20!Ub14!La12,26,9!Lp14,3,3!Lc20]

I do not have a position here.

Surf, first thing I'd say is that your comment about the low volume is well worth noting.

Low volumes make share price movements even harder to evaluate than otherwise.
And everything's been hard to evaluate lately.

The increased volume with rising price, these past couple of days, is encouraging.
It is reflected in the MACD which does indeed look poised to go positive.

Stochastic is rising from the oversold zone and will support a bullish MACD signal, if there is one in the next few days.

Chaikin Money Flow has been ugly since the move to the TSE. At best, it might be improving. Long way from positive at the moment.

Light, unpredictable volume would make me cautious.
I've already got some good stocks in my portfolio that don't trade enough to make them liquid.

I know there may be a good story here.
Very light volume again today though.

Could get quite interesting with volume. I'll be watching it next week.

Thanks for pointing it out.

Cush
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