SI
SI
discoversearch

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.
Strategies & Market Trends : Stock Attack -- A Complete Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Barbara Hospel who wrote (2384)7/12/1997 2:45:00 PM
From: sean sanders   of 42787
 
Barbara,

I'm taking a look at PSALY right now... looks like a real low volume stock... that's way you see all those gaps. Short term RSI looks ok... but that's 'short term'... using a 14 day RSI looks like a slight negative divergence and that usually means weakness between price and the way it's going...MACD 8/17/9 also is in neg. divergence... It's really hard to judge candle patterns with this one since the stock seems to have a widely different pattern every-so often. Ease of Movement is on the way down and demand index is flatening out... st.dev is heading toward bottom(although usually with this when st. dev. hits bottom and changes direction often it brings price along for the ride).
When switching to my main template to weekly - looks like things are headed down with MACD and stoch... RSI is also neg. diverging.

(one thing I noticed in the IBD newspaper is that stocks that have a 'real' high EPS ... etc... dosn't automatically mean "this stock is going to sky rocket" or even go up significantly)

looks like a good stock fundamentally
hope this helped some...
I'm not knocking your pick just trying to throw you some input, for all I know it might well make a new high :)

Sean Sanders
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext