My hand @ some TA...let me just shove the crickets out of the way...
BBands(20,exp) @ $1.25 & $1.85, $ broke through on USF PR & heading for the bottom band (typical reaction) since then.
Below 21, 50, & 100 DMAs. Not healthy.
Simple ADI hanging high @ 2000. Historical low between -500 & -1000. Expect that to drop w/last weeks news, as some people get sick of the BS & exit, not many tho' as most of BS, if not it's pervasive tone, is common to float.
CO matching ADI, also w/a ways to go before the recent bottom.
CCI(8) @ -50. Would wait for a solid drop under -100 prior to turnaround.
MACD is negative & below trigger, but sticking real close & flat, so not real definitive for a breakout.
MFI(14) peaked @ 80 w/USF PR & sliding since then. Will watch for a bottom. RSI(14) mirrors this action.
Stoch(14,3,3,exp) @ 20 & dipping. %K also below %D. Only positive so far. Would look for a bottom soon, but it could hang below 20 for a while w/o confirmation of other indicators. Historically, not very timely.
Combined StochRSI is scattered. No signal.
William's ADI is -1.40 at near recent low.
Don't see any definite signals, tho' overall price trend is certainly down and some indictors are sliding off recent peaks. Expect the $ to dip some more. No idea how low. All good news/hype has been figured/discounted in price by now (USF, Hyundai, Lawsuit, etc.) So unless there's something significant they're keeping secret (shyeeeah riiiight!), I'm waiting for a lower (re)entry point, while the indicators ripen... |
