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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: freeus who wrote (1520)8/30/1999 6:41:00 AM
From: Venditâ„¢  Read Replies (1) | Respond to of 19374
 
Freeus

I like to use MACD 8-17-9 signaling within a day of Stochastics signaling as a buy signal. Williams will normally lift off the bottom and turn up a day before stochs signals and servers as an early warning to start watching stochs and MACD.

askresearch.com

As you can see both indicators signaled a buy on August the 23rd and a nice rise in the price resulted. Stochs is now very high in its range and is within a day or two from signaling a reversal. The last two trading days have resulted in two consecutive black candles which also point to a correction in the making.

askresearch.com

Williams and money flow are also high and in reversal range. Looking at the over all chart I see support at the $74 to $75 level which would be a good place to buy WCOM. This is assuming the signals are setting up again to show us buy signals at that level. My guess is they will.