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Microcap & Penny Stocks : Technical Trading of Pennies -- Ignore unavailable to you. Want to Upgrade?


To: cksla who wrote (18)3/22/1998 8:44:00 PM
From: paul s.  Read Replies (1) | Respond to of 478
 
Thanks robert...hope it catches on...
To be quite frank, I have trouble analyzing stocks that have recently doubled (last few months). My focus (and therefore I've set up my indicators to match) is generally on stocks closer to their yearly low, and generally oversold to my minimize risk...

Anyway...while this stocks seems to be going up, the indicators show a sideways trend or slightly down (Williams %R and RSI)which could warrant caution but not selling if you are in. There is room to move up, but I feel like I'm repeating myself, I wouldn't buy at this point, although if your interested in the long term, looks to me like they have a winning product!

hope this makes sense

paul