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Gold/Mining/Energy : Alta Gold
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To: XOsDaWAY2GO who wrote (557)4/10/1998 11:11:00 AM
From: Steve S  Read Replies (1) of 749
 
Sorry to rain on the parade, but this chart shows RSI near 75 (overbought) and stochastics making a bearish crossing above 80 (in overbought region). Stochastics is not particularly accurate short-term, but this chart could raise a warning flag. The abundance of bullish sentiment on the thread, by observation IMO could also correlate with an overbought stock. BTW, I have a limit order to buy 1/16 below the ask; it's gone unfilled for three days.
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