CB:
Some further TA work on GE, C, COMS:
GE: a genuine short in progress
MACD: very bearish, with clear indication of weakness in latter part of its present trading range
OBV: moderately bearish
ROC (30/15): very bearish
C: probably one to stay out of for now. All indicators are showing little in the way of trending, and none are giving clear signals in either direction
MAC: neutral to moderately bearish
OBV: neutral
ROC: neutral
COMS: this one, if timed properly, should be a big winner. Nearly all the oscillators are at record lows, and appear to be bottoming out. Price is at midterm support.
MACD: still very bearish, of course
OBV: very bearish, but at support
ROC: at absolute bottom, which would indicate a buy signal
Stochastics (15/5): at absolute bottom, but also indicate that a clear sell signal was given early last week, which we missed.
TC. |
