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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Doug R who wrote (19569)7/18/1998 7:13:00 PM
From: Mark Buczynski  Read Replies (1) | Respond to of 79298
 
Doug,

Could you give a scan to CLCK? The FA looks great and
was wondering what your take on the TA is...
Thanks in advance....Mark in MD



To: Doug R who wrote (19569)7/18/1998 7:45:00 PM
From: Doug R  Respond to of 79298
 
FJC has a very interesting technical profile.
Even though there has been a good amount of insider selling, the MFI is hot with alot of room to the upside. The SMI is in "just keep going up" mode.
The RSI profile is acting like it's not even thinking of doing anything on the oversold side.
OBV is at an all time high.
A price downtrend started 9 or 10 yrs ago was just broken last week.
The Bdog special 89 MACD thingee is hot.
The 233, 21, 34 stoch profile is attempting to go optimal.

If the price ever decides to pull back a bit a buy would be safe since the current uptrend would offer a good protective stop giving very little downside if it was broken.

What I don't get is that it's doing all this (and more) in the face of insider selling. Hmmmm...must be the heat. Anybody got a long term weather forecast? Will it stay broiling hot in most areas for the next 2 months?

Doug R