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Strategies & Market Trends : today's chart

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To: Bill Sandusky who wrote (454)8/20/1997 12:23:00 PM
From: sean sanders   of 1267
 
Bill,

side note... I've been watching AMTX for the past ~week... noticed a slight negative divergence between 8/17/9 macd and price... also noticed the same thing in RSI... my thoughts were last nite that AMTX wasn't going to hold it's position at ~14 3/8 was going to finish up buncing off the RSI(7) trendline(support)...I figured another couple black candle days... but then today we have alot of volume poring in for about ~one hour which brought the stock back to a 15 1/4 level...

couple questions... why the slight drop off in the past couple days??? maybe a DOW neagtive thing or was it just following the neg. divergence between the RSI/macd... and why the sudden price increase?

Sean Sanders
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