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Strategies & Market Trends : APMP (formerly APM)

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To: WTMHouston who wrote (8497)11/13/1997 9:32:00 AM
From: Rudy  Read Replies (1) of 13456
 
>a short TA on a favorite of mine: CTAL...< CTAL - 11-1/2 Troy,

Shortly, long term trend is down with week RSI sloping down at 51. Right at 30WK MA 11.406 (testing). Chart support is at 10-7/8. Short term trend is down and oversold. 200 DMA is 10.671. Directional ADX has just turned bearish. It has jsut broken a support level at 11-7/8 however there is no significant volume in either way. Overall slightly bearish.
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