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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Robert Graham who wrote (14034)8/5/1998 11:33:00 PM
From: Electric  Read Replies (1) of 42787
 
Check out this DELL chart..

207.95.154.130

Some interesting points..

The stoch rules say that if the blue (K) crosses the green (D) and the D is below 20, that it is a bullish sign for the stock.. it did that today on the close for DELL..

Another thing is when momentum is negative, it is a sign of being oversold.. And finally an RSI in the 20-30 area means oversold...

Not saying that DELL is going to power forward based on this alone.. but 3 indicators make me think that we might have seen the bottom here.. I am not a charter, but I havent seen all three indicators like this on any chart I have looked at..

Try it on MSFT or CSCO or another...
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