Thanks for the link Jim. Hey, if you get a chance, could you look at these charts & tell me what you think?
I see a possible bullish doji star here......... but stochastics are showing overbought & possible reversal....... however it looks like the MACD is crossing over to positive...........
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This chart looks like a hanging man today, not a hammer............. stochastics mixed but leaning to overbought.............. positive MACD................. a series of lower highs in play, but a higher low on the last pull back is present........... could an inverse head & shoulder be forming here?
stockcharts.com[w,a]dhcayimy[db][pb50!b13!i20!d20,2!f][vc60][iLo14!Lm12!Lf!La12,26,9!Li14,3!Lh14,3!Lp14,3,3] _______________________________________________________________________
This one shows a series of lower highs & lower lows................ fast stochastics are indicating overbought............ other stochastics are pointing upward however................ MACD is positive & trending up.................. could that be a cup & handle forming in here?
stockcharts.com[w,a]dhcayimy[db][pb50!b13!i20!d20,2!f][vc60][iLo14!Lm12!Lf!La12,26,9!Lh39,1!Li14,3!Lp14,3,3]
TIA Jim |