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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: BarbaraT who wrote (37874)8/17/2000 4:55:13 PM
From: ken-l  Read Replies (2) | Respond to of 43080
 
susan/barbara,

well ... i do like the pattern in the day chart a lot <bullish engulf pattern and closed above its 10dma> !! however, i just dont like the fact that it went up 20% in a day !! although it is trading at the bottom <oversold sentiment>, both 15/30 mins intraday short term charts are already in the extreme overbought sentiments, and the 60 mins is getting there !!! i suspect that i might be able to get back in lower than the price i sold !! if i am wrong <which usually happens>, i can chase it !! i'm a excellent runner, ask AT <GGGG> !! i'll post a detail <amateur> analysis on the chart tonite !!

regards and best of luck <G>,

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ps. this message is only my humble opinion; and definitely not an advice to buy/sell BVSN