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

To: Buzzy who wrote (235)2/24/1998 8:34:00 AM
From: Wayners  Read Replies (2) | Respond to of 927
 
I hate it when that happens. Have to update the 'ol charts and revise the analysis.



To: Buzzy who wrote (235)2/24/1998 9:19:00 AM
From: Wayners  Respond to of 927
 
Redo of CTXS Analysis Post Split This Time.

The trend is definitely down now. Good for quick short or for shorting on peaks in 5 day stochastics. Volatility has been increasing but hasn't peaked yet--showing there's probably some room left in the downtrend. The moving average on 5 days stoochastics is steeply down also indicating that the downward trend will continue. Right now I'm thinking of $40 as the nominal bottom.


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