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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?


To: R. Gordon who wrote (6509)1/20/1998 6:20:00 AM
From: RCVJr  Read Replies (1) | Respond to of 14162
 
R. Gordon - was wondering if you could tell me what you see in the charts that make you think VVUS will trend down. IMHO - It looks like VVUS's price has been consolidating and the RSI, Stochastics and the MACD charts are all looking positive. It is trading along the top of the Bollinger Bands but the RSI isn't above 70 which might indicate we have a little further on the up side. I'd appreciate your views as I'm still working at this TA stuff.