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Gold/Mining/Energy : POE:VSE PAN OCEAN EXPLORATIONS INC. -- Ignore unavailable to you. Want to Upgrade?


To: Spiney who wrote (235)9/12/1999 11:29:00 PM
From: RSkarsten  Respond to of 277
 
TA for Tril are looking good. I've been doing this for a few weeks now so I'm no authority, but I am using 5 indicators.

The worst at this moment is the Stochastic. The %K and %d have been running neck and neck in the 80 band for a couple days. The K hasn't quite dipped below the D yet, but it might. This did occur 2 times in the last 2 months using a 15-5-5. The first time was in the 3erd week of July, when the stock closed at about 1.04. The next day the stock reached a low of around .80 but rebounded to a close of around .96, but the day after the close was around .80, but rebounded the next day. The second time was during the first week of August, the day after a price fall of only 10 cents to a close of about $1.05. The price was in a .90 range for a week after that. The spread is narrowing, and now we are seeing a steady gradual increase in price in this trending market. If the K does fall below the D now, trend lines tell me that the low would be in the range of 1.00 - 1.05, as the valleys are rising. This to me = HOLD

The MACD, using a 12-25-9, shows a bullish attitude, with the fast indicator just about to push up through the signal line. This is a VERY strong sign. To me it says, "the stock isn't overbought any more, the majority of folks are in agreement that this stock is at the right price". If the fast average pushes up through the signal line, look for new highs.

The RSI is arcing up from a low range. This is a very good sign as there is plenty of room to go up. It's when the RSI is arcing down from a high range that you have to worry. My advice to myself is to HOLD on this signal.

OBV has been showing slight accumulation in an otherwise heavy trading market. To me this = HOLD

Using a money flow index of 13, we are now in a somewhat safe position. When the MFI goes above 80, then comes back out, is when some folks sell. Right now it's at 65 on a slight up trend. The last time it came out of the 80 range the closing price was 1.10 after a 3 day slight fall from 1.20. 4 days later the stock closed at .80.

Stock price: Closing prices and ranges have been trending up.

Hope this helps, lets hope POE reacts the same.

Russ