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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: JoeinIowa who wrote (15131)2/4/2006 11:53:24 AM
From: Galirayo  Read Replies (1) | Respond to of 23958
 
[WPCS] Joe .. Yes .. That one looks really good to me.

The R on the Weekly 200wma needs to be taken out but when it has conquered that it's look like it has another nice run ahead of it.

The daily is showing a nice pennant. I don't know if it'll go back to test the 10.75ish Horizontal support nut the 20EMA has been the force that's pushing it up. I wouldn't want to see it overthrow the 20ema for any length of time and turn it into R.

stockcharts.com

Here's some more Aroon Stuff. It's easy once you understand it.

paritech.com

stockworm.com

Here's the Calculation in case you are using Q+ or another Sreening Program.

trader.snowseed.com
Calculation
The following formula is used to calculate Aroon indicator. It consists of two lines - Aroon(up) and Aroon(down), and the resulting Aroon Oscillator is the difference between them.

Aroon(up) = ((total_num_of_periods - num_of_periods_since_highest_close) / total_num_of_periods) x 100

Aroon(down) = ((total_num_of_periods - num_of_periods_since_lowest_close) / total_num_of_periods)) x 100

Aroon(oscillator) = Aroon(up) - Aroon(down)