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Gold/Mining/Energy : Alta Gold -- Ignore unavailable to you. Want to Upgrade?


To: XOsDaWAY2GO who wrote (557)3/29/1998 1:33:00 PM
From: hoopsville  Read Replies (2) | Respond to of 749
 
And chart shows stochastics have just turned up so Alta has room
to increase in price for 3-4 weeks before it becomes overbought.



To: XOsDaWAY2GO who wrote (557)4/10/1998 11:11:00 AM
From: Steve S  Read Replies (1) | Respond to of 749
 
Sorry to rain on the parade, but this chart shows RSI near 75 (overbought) and stochastics making a bearish crossing above 80 (in overbought region). Stochastics is not particularly accurate short-term, but this chart could raise a warning flag. The abundance of bullish sentiment on the thread, by observation IMO could also correlate with an overbought stock. BTW, I have a limit order to buy 1/16 below the ask; it's gone unfilled for three days.