Strictly ..... Bottom Fishing Message Board

STOCKTALK

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 : Strictly ..... Bottom Fishing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sidney Reilly who wrote (482)	7/22/2009 12:21:59 AM
From: bumblin bob	Read Replies (1) of 489

I'd have to agree with you that LBWR hasn't bottomed, but the long tail on the candle isn't what brings me to that conclusion, it's the RSI and MACD heading south. Add to that the fact that with all of the volume in this stock, it was done using less than $20,000 dollars. It's a pretty good bet that this is subject to manipulation and I would consider it more of a gamble than a trade. Since you asked about candlestick charts I'll direct you here: stockta.com Nice site to start out with .... lots of useful basic information. With TA one day's information isn't useful without looking at the information leading up to it. In LBWR's case, there are so many candles headed both directions that I don't think they indicate much of anything. Sorry that I can't give you a definitive answer, but hopefully I have pointed you in the right direction for useful information on it.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next