BBands are fairly tight, and level, and have been for almost 2 weeks. CCI8 showing higher lows, but still lower highs, i.e., a convergence, or narrawing of volatility, which way it gives should set the trend going out. Chaikin O with cont'd step-like rises. MFI like CCI. OBV just struck a fresh little peak. PFE still stepping up, while PSAR has gone negative for a spell. RSI like CCI 14,3,3 Stock O with a nice new peak & falling off. Wondering where it'll catch. Combo StochRSI showing a nice uptrend. TRIX shying away from 0 as it gets closer now. Not cool. Ultimate O showing strong upward trend.
Don't know why I'm bothering w/timing so much. Outside of picking up some optimism through the charts, the opinion on fundies will always be mixed. The inability to satisfy via 10Q's certainly weighs things down. Overall, I'll label it a discplined trader's no-brainer. A buy here in light (geologically evolving) earnings, ever so slight charts optimism, and a historical penchant for movement up at least 1/8 in 60 days, tells me to do this...buy @ 9/16-19/32. Enter a GTC sell @ 3/4. Leave happy w/20-25%. I might even try it. |