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Strategies & Market Trends : Technical Analysis- Indicators & Systems

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To: Jan Robert Wolansky who wrote (2845)10/19/1997 5:51:00 PM
From: gonzongo   of 3325
 
Jan-
BSPT would now be on my watch list- There is strong support at 9.50. if it violated that- I would sell or eliminate it. I would now look for StochRSI(8,5) to turn up or both the 8 day and the 13 day to turn up and then I would buy at that point. Again, if it failed support at 9.5- I would stop myself out. Most people would consider this an early entry because the stock is below it's 55 day wma and the 8 day wma is below it's 21 day wma. One could wait for those signals to be in place for more confirmation.

andy
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