SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Rational Analyst -- Ignore unavailable to you. Want to Upgrade?


To: HeyRainier who wrote (306)2/11/1998 9:30:00 PM
From: HeyRainier  Read Replies (1) | Respond to of 1720
 
[ SIDT ]

I was wrong.

The stock turned bearish when the gap was filled at 0.438.

What attracted me to it was the Bullish Divergence on the RSI, and the MACD turning up and the Momentum indicators troughing. Unfortunately, the previous bar's close was right at the trendline, and the emergence of sellers at points above it should have been a warning signal.

And the most important consideration of all perhaps was the poor fundamentals. Interesting lesson learned...all on paper.

Rainier