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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Instock who wrote (12220)2/11/1998 6:57:00 PM
From: Cornstock  Read Replies (1) of 79302
 
Instock - TA on ACTI. Don't have the download from today on ATCI, but here is some current TA as of yesterday. The QRS is moving up, the short term stochastics is very positive and has a ways to go. The fast stoch. crossed over the slow on 1/29 and continues to rise, MACD is positive (both short and long term), RSI is pointing up, 21 money flow oscillator is positive, on-balance volume is very good, long stochasitics pointing up with lots of room to grow, MACD, and OBV are all positive. The only negative thing I see is that may be a watch-out is that as of yesterday, the high was touching the top of the Bollinger Band and almost certainly pierced the BB today. That may cause it to rest a little in the near term. But, there has been very good volume the last four days, and the volume today was almost 3 times the average so looks like their may be very positive momentum going into tomorrow. I'll e-mail Doug later tonight and ask him to take a look if he can.
Are you being good?????
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