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Technology Stocks : Creative Labs (CREAF) -- Ignore unavailable to you. Want to Upgrade?


To: Leo J. Capobianco, DO who wrote (5979)11/21/1997 1:33:00 AM
From: BZOOKA  Read Replies (1) | Respond to of 13925
 
Leo,there might be a short term downtrend according to Stochastic
but RSI still does not support that also Candlestick also suggesting
a bottom at this level.
As others suggested if Stochastic and RSI in overbought then for sure a downtrend in ptice although I have seen many times a chart
going to oversold from overbought status with price bouncing up and down without the stock really going down.
I think what Creaf has done during past couple of months is that it has taken out many short term investors and its ready for a break through 30.I just hope its now rather than later.

Good Luck