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Strategies & Market Trends : Stochastics
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To: Wayners who wrote (894)5/10/1999 10:07:00 PM
From: Robert Ague  Read Replies (1) of 927
 
Is there a way to project the move of an Oversold stochastic move when it rebounds?

For example, if a stock is below 20 on the stoch indicator, indicating oversold, trades at $100 a share, what would the stock price be when stoch rebounds to the 80 level...without drawing a bunch of trendlines.

Just thinking out loud.

Rob
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