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Strategies & Market Trends : Charts With An Attitude; Trading In & Out

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To: Instock who wrote (4202)12/3/1997 10:52:00 PM
From: James Strauss  Read Replies (1) of 4701
 
RLLY....

>>>How does RLLY look to you. I see that it bounced of that bottem again. Seems to like to dip, then run up again. My charts show it over sold again. VectorVest shows the stock value apx. $1.30 over the current stock price. New Ad's coming soon and last earnings well behind them. If you have a chace, let me know what your charting program see's What program do you use anyway?<<<
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Instock:

MACD is still negative on the one to four day charts... Moneyflow is sniffing at positive... There is a convergence of Moving Averages in the 2 3/4 area on the weekly chart... We have the 89, 144, and 200 day MA sitting there... If RLLY doesn't Rally, [: >] it will probably test the 2 3/4 area...

I use Worden Bros TC 2000 Pro....

Jim
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