Technical Trading of Pennies Message Board

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Microcap & Penny Stocks : Technical Trading of Pennies

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To: Gwolf who wrote (88)	5/7/1998 3:45:00 PM
From: paul s.	Read Replies (1) of 478

gwolf...price has held for last 3 days and RSI has turned down...I like to see a 3 day trend to confirm reversal, but RSI has also turned at 80, normally a sell point for me...Williams %R overbought also... no guarantee of course, but I certainly am not buying now...too much risk there for me...volume is also falling off, a bearish sign make sense?? paul

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