Speaking of tools:
Magnet read on DEMP, PSSI, SEHI
DEMP: tough read. pretty much a roller stock. High concentration of magnets from 7.25 to 9.00. 12 in all. Lots of false starts with this stock. One to be careful with.
magnet related S&R in the area: 4.125, 4.45 uptrend, 4.85 uptrend, 5.1875 horizontal, 5.875 horizontal, 5.22 uptrend, 5.70 uptrend, 5.90 uptrend
In addition to the powertool there are also many IHS formations in the short term indicators. Weekly buy signal intact.
PSSI: Gap filler to 18.75. Magnets and related: 13.375 downtrend, 14.042, 15.729, 17.417, 19.104, 20.792., 22.479, 24.167... short term was OB as of Friday. Did not look at data after todays trading. CCI 13 needs to reset below 200 or base above and then acceleration can begin again. Weekly buy signal new last week. Could be a nice early entry on this one.
SEHI: magnets and related: 9.75, 9.95 uptrend, 10.125 uptrend, 10.167, 10.335, 10.5, 10.667, 11.267, 11.867, 12.267... Kind of indifferent on this one. Neutral rating across the board. Weekly buy signal last week looks like a possible good early entry.
ht
david |
