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Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?


To: kalakoa who wrote (3192)4/6/2005 9:22:18 PM
From: chowder  Read Replies (1) | Respond to of 13449
 
Kalakoa,

I don't know if ISON is ready to bounce. It appears that you are bottom fishing a dog stock and I don't see any confirmation that this dog is ready to bounce. It might bounce though but, it isn't a stock I would say had a high probability of success. It's a crap shoot and sometimes crap shoots pay off.

If the price can get above the upper momentum band, it would provide a better opportunity for taking a long position. For now, those bands are heading down and there isn't any upside momentum as of now.

stockcharts.com[h,a]daclyiay[d20050106,20050406][pd10,1!f][vc60][iut!Lah10,30,5!Lc20]&pref=G

What makes you think now is the time for a bounce? What do you see that I don't?

dabum