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

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To: Doug R who wrote (13482)3/19/1998 12:23:00 AM
From: Jack C.  Read Replies (3) of 79297
 
Doug and ALL and ALL, I not good at picking day trades but I have a stock for the longer term. I started to buy this stock aggressively today. Here's what my indicators say. NVI/PVI,MFI,OBV,ACC/DIST all very strong. SMI (144) neutral, (13) Very strong, (2) strong. Bollinger Bands (55) turning up, (21) in uptrend, (3) higher pinches. CCI (233) turning up, (144) bouncing off support turning higher, (55) bullish, (8) bullish. Ma/Linear Reg turning up but huge gap and if we just close that gap huge price appreciation will happen. Stochastics (233) crossover signaled long term uptrend, (89)uptrend, (13) going higher, (7) uptrend, (2) will create buying opp tomorrow. MovAvgs (5,13,34,50) pinched tight with new highs, (100,200) out of whack but turning up. MACD downtrend broken and headed higher. RSI (233) downtrend broken, (55) downtrend broken, (13) going into oversought territory, (3) higher lows on uptrend. Stock--- ANDREA ELECTRONICS (AND) Check it out any input would be welcome. BLACKJACK
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