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Dustin, I am not exerienced with TA, but since Vendit is not here this morning, I will give it a shot. Most indicators have already bottomed out, or even turned up a bit (for money flow), with the exception of stochastics and macd, which are the most important. Those are still 2 to 3 days away, which could mean that we will hover at this range, or even retest that 112 before they bottom out. At that point, based on TA alone, we should see a turnaround. However, keep in mind that there are other things that affect the stock besides TA, such as the broader market, and AOL-specific news. I'm sure when Vendit returns he could give a much better analysis. |
