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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Debra Orlow who wrote (5530)2/1/1998 7:04:00 PM
From: d. alexander  Read Replies (1) | Respond to of 42787
 
Several indicators that I favor are looking good for a pop. Stoch crossover just above 20: CCI -.88 & headed up; +D just crossed -D (ADX is kind of low). However the MACD signal line is well under zero and price is FAR from breaking the long term downtrend drawn thru highs of 10/02/97 & 12/04/97, so I actually think it's iffy. Volume looks good. As they say - tomorrow might be critical. It could fizzle & head back down if the volume falters , or it could certainly be good for some points, or (best scenario) it could break out. All JMO :-) DA