SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: rx4pain who wrote (18824)2/6/2001 10:51:25 PM
From: Walkingshadow  Respond to of 19374
 
Rx,

<< For NVR it looks like the 5-3-3 gives far more false buys and sells, both in number and percentage. >>

Yes!

<< That last white candle is a bullish engulfing sign, isn't it? >>

Yes again !! And note the significance: today's candle (a Marubozu, BTW), up 8.4% on the day.

Furthermore, we now have a breakout from a two-week base, a very successful test of support (50 day ema), strong technicals, accelerating volume----all the things you want as the stock approaches a test of its all-time high. Yet another example of why you want to wait until a stock corrects back to the historical support imparted by the moving averages (in this case, the 50 day ema), and at the first clear sign of technical strength, jump in!

askresearch.com

Note also the volume the last two months or so, compared to the average volume over a long time frame:

askresearch.com

Set the controls for the heart of the sun.....

WS