THNS - Technest Holdings (Prev. FNTN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN)

THNS 0.00

Jun 7 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: De Peepster who wrote (3524)	8/13/1998 12:46:00 PM
From: Bill Fortune III	Read Replies (1) of 15313

Well if this chart is right FNTN should be at or closing near its low. THE STOCHASTIC OSCILLATOR (BOTTOM 1/3 OF THE CHART) The stochastic indicator attempts to determine when prices start to cluster around their low of the day for an uptrending market, and when the tend to cluster around their high in a downtrending market. Lane's theory is these are the conditions which indicate a trend reversal is beginning to occur. Ordinarily, the %K line will change direction before the %D line. However, when the %D line changes direction prior to the %K line, a slow and steady reversal is usually indicated. The stochastic indicator is plotted as two lines. They are the %D line and the %K line. The stochastic is plotted on a chart with values ranging from 0 to 100. Readings above 80 are strong and indicate that price is closing near its high. READINGS NEAR OR BELOW 20 ARE STRONG AND INDICATE THAT PRICE IS CLOSING NEAR ITS LOW. A bullish signal occurs when the %K rises through the %D when it is near or below 20 bigcharts.com FNTN is still maintaining prices above the 50 and 200 day moving averages. Regards, Bill Fortune III

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next