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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE

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To: Sergio H who wrote (1774)1/22/1998 9:07:00 PM
From: Sal D  Read Replies (1) of 2377
 
Sergio, FIIF, while its not all bad it broke its uptrend end of December and has been in a downtrend since. The daily and weekly MACD are bearish, the 14 period RSI daily and weekly are bearish and each are at there lowest point for these periods. Seperating lines occured during a downtrend also bearish. This is not a good entry point could be setting up a new traiding range.
Joe
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