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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Ken Adams who wrote (9356)8/24/2000 8:05:14 PM
From: Dr. Stoxx  Respond to of 39683
 
Ken,

I see VSEA as a prime short setup, but not yet. I see the retracement, but there is also room overhead before it kisses the upper trendline, which it has done 3 times in the last 3 months. OBV, Stoch and Stoch-RSI are all in oversold territory, but all are still rising after today's buying spree. The close above both the 40MA and 50MA also spells a risky short until it can trade again below them.

IOW: I'm watching with you...

Chart: stockcharts.com[H,A]DACLYYMY[DB][PB40][VC60][IUA12,26,9!UH14,3!UG!UO14]

TC