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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: Robert W. Popejoy who wrote (6345)6/24/2000 10:55:00 AM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
Bob:

Stochastics and Williams %R show overbought and oversold indications...
chart.bigcharts.com

For Stochastics 80 Is the overbought area, and 20 is the oversold area... You wait for the price to turn to confirm the signal...

For Williams %R 0 to -20 is the is the overbought area, and -80 to -100 is the oversold area... These signals usually precede price movement...

Right now both indicators are saying we are near an oversold point... So, I'm expecting a big rally any time this coming week...

Jim