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


To: Jill who wrote (8361)5/4/2005 6:56:13 PM
From: Vendit™  Read Replies (1) | Respond to of 8752
 
Good evening Jill. VASC has fairly low volume but has enjoyed a nice run. All oscillators are well in the over-bought zone and the black candlestick that formed today is a tell tell sign that a top is forming.

139.142.147.218

Notice how the trading range moved above the upper Bollinger Band and is now moving back within the Band envelope today. This is a sign that “big move” is over and a trend change is emanate.

A three year Linear Regression chart clearly shows VASC is now banging its head on the mid-line which is sort of a resistance point.

139.142.147.218

Reid



To: Jill who wrote (8361)5/4/2005 6:56:42 PM
From: Vendit™  Read Replies (1) | Respond to of 8752
 
How did the PPT install go?