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.
Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel -- Ignore unavailable to you. Want to Upgrade?


To: TokyoMex who wrote (1476)2/27/1998 4:50:00 AM
From: Lawrence Burg  Read Replies (3) | Respond to of 14347
 
well, I'll give TA a shot...

Chaikin O sliding down and may be getting ready for a rebound.

CCI(8) also bouncing around the bottom (-100), a dip below might theoretically be followed by a rebound, but so far not a good historical fit here for CCI under current parameters. I'll try to jimmy the inputs to improve the fit.

MACD(9) trigger has crossed down, but is pretty flat overall; unremarkable.

RSI(14) leveled out around 50, previous drop below 30 was @ $.78(26 Feb) and was followed (1 week) by run to $1.50.

Money Flow is high @ 70. Should drop before a good run.

Stochastic (14,3,3,exp), %K crossed down and is trending the same way. Watch for a bottom & rebound.

Combined Stochastic RSI heading down. Possible convergence @ bottom in coming weeks.

Williams AD flat to down; unremarkable.

Looking at the 6mo. chart from a neophytes chair and rudely applying what's soaked in about Elliott Waves may hint at 2 things. First, that the recent (>6 Feb) softness is the last wave of a 6 month pattern heading down from mid-Oct highs above $2. Second, we're in the last (down)wave of this smaller pattern started @ the 6 Feb high over $1.50.

I'd say a little more price softness at worst. If indicators start turning, I will increase my nibbling. Would give any technical change no more than 2-3 weeks to happen. This kinda falls in line with the gentleman's bet on TX-RNTK.

Love the tech. Love the commentary/participants. Love the sources, price, yadda, yadda, yadda...& my caveat stays for a while...I'm new on TA. Check my profile. And add this to your judgement accordingly.

Convienient you're last to post 'fore me. Never responded to you directly. You've impressed me w/your picks. Have you sold your soul for the Midas touch or are you just that sharp? :-)I was gonna ask you about the e-mail you mentioned earlier. What (who) gives? May I gets?

Anyone else here do TA?