i think we gotta rally here.
first resistnace at 92 (major resistnace)
CSS II:
Analysis of SCHERING PLOUGH
(SGP)
Reviewed on 5/14/98
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High: 89.500
Low: 86.125
Close: 89.000
Change: 2.375 (2.7417%)
Volume Today: 1,949,600 shares.
On 5/14/98, SCHERING PLOUGH closed up 2.3750 at 89.0000 on volume 10.75% above average.
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Summary:
Moving Averages
SCHERING PLOUGH closed at: 89.000
The close is currently Above its 5 period exponential moving average (86.4532).
The close is currently Above its 9 period exponential moving average (84.9713).
The close is currently Above its 21 period exponential moving average (83.1203).
The close is currently Above its 50 period exponential moving average(80.7110).
The close is currently Above its 200 period exponential moving average (67.6194).
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Candlesticks (Automatically done by Metastock. Accuracy Unverified)
A big white candle occurred. This is generally considered bullish, as prices closed significantly higher than they opened. If the candle appears when prices are "low," it may be the first sign of a bottom. If it occurs when prices are rebounding off of a support area (e.g., a moving average, trendline, or retracement level), the long white candle adds credibility to the support. Similarly, if the candle appears during a breakout above a resistance area, the long white candle adds credibility to the breakout.
During the past 10 bars, there have been 6 white candles and 3 black candles for a net of 3 white candles. During the past 50 bars, there have been 23 white candles and 24 black candles for a net of 1 black candles. |
