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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: John Carragher who wrote (3153)12/28/2004 11:02:44 AM
From: Vendit™  Read Replies (1) | Respond to of 8752
 
John,

PFE’s char set on fast stochastic is showing me that it is very near the top of this current run or technical cycle. If you are long you may want to set you stop fairly tight.

Currently there are not sell signals in place from a technical perspective but all oscillators are in their highest ranges, (the sell zones) so I would ready myself to exit.

Notice the waning daily volume, stochastic above 80 on its scale (sell zone), under aggressive William’s %R angle.

139.142.147.218

The only positive indicator is that MACD is sitting on a crossover mo-mo signal as I type so a volume surge could come into play today. On the contrary, this stock does not have a history that responds well to MACD cross-overs.

Reid