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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: MJ who wrote (3183)12/29/2004 1:13:26 PM
From: Venditâ„¢  Read Replies (1) of 8752
 
MJ,

AMTD is showing several technical signs of weakness. The past two days candlesticks are both formed like hammers and are typically indicative of short term top signals.

Williams %R has reversed directions from its sell zone and is headed down which is an early sell signal.

Slow stochastic is in the sell zone but has not yet conformed a sell signal however enough technical evident is present that taking a long position in AMTD would not be wise at this time.

139.142.147.218

Reid
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