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Strategies & Market Trends : Technical Analysis - Beginners

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To: Richard Estes who wrote (7770)1/14/1998 8:51:00 PM
From: The Perfect Hedge  Read Replies (2) of 12039
 
Richard-
Q:If a stock drops and begins to base and starts to move up and falls alittle more and repeats itself-do lower lows on stochs,rsi and mom signal that the selling pressure is dwindling.In other words,do higher lows on ta indicators in spite of lower lows in the stock price signal a basing and possible bottom and perhaps a near reversal?
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