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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Casaubon who wrote (30297)9/19/2000 10:59:50 PM
From: dennis michael patterson  Respond to of 42787
 
Looks neutral to bearish to me (but I've had a lot of Super Tusacans tonight) WHY? Falling stoch. Indecision candle



To: Casaubon who wrote (30297)9/19/2000 11:54:03 PM
From: Dan Duchardt  Read Replies (1) | Respond to of 42787
 
Cas,

I changed your 50dma to 10dma and confirmed a break below that today. Also put on OBV, which has turned down reinforcing the drooping RSI. Don't see anything in MACD or Stoch to turn it around, so my read is that it needs to touch the lower BB with RSI down at the levels of the last couple of bottoms. Today's spinning top with good volume is the only thing that suggests an up move, and that could prevail in an overall strong market.

stockcharts.com[L,A]DACLYYMY[DC][PB10!B200!D20,2][VC60][IUB14!LA12,26,9!LL14!LH14,3!UG]

Just to be fair though, here is one I am bullish on

stockcharts.com[L,A]DACLYYMY[DC][PB10!B200!D20,2][VC60][IUB14!LA12,26,9!LL14!LH14,3!UG]

Figure that out LOL

Dan