David,
That IHS in AINN's 3 dRSI is either, A) already formed (the sideways move today could be a stealth right shoulder) or B) still in the process of forming the right shoulder. If A is the case, we could see a breakout tomorrow with a launch on Thu. If B is the case, a dip in the indicator would set up a breakout possibility for Thu. and a launch on Fri. so your dislike of the stock scheduled for Fri. seems to be well timed.
The 4, 3, 2 stochastics are hinting at A though. You could also use a break in the downtrend of the 7, 3, 10 from 2/13 to confirm A. There's a nice crossover in the 89, 3, 5. The 13, 8, 8 and the 144, 13, 8 are both a bit tangled but poised. The granddaddy stoch is set to kick a knee. The downtrend in the 34 day CCI was broken and today proved to be the early indication of a successful retest of that break. That good ol' 13, 25, 2 SMI used for bullish threshold assessment has leveled out right at THE line and all shorter periods are supportive of a fresh swing up. The 89 day MA/MLR is grooving. The OBV has been ratcheting up nicely since the plateau on 2/13 (there's that date again) was first reached. This baby's at the starting gate.
Doug R |
