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Microcap & Penny Stocks : AmeriResource Technologies (ARET) -- Ignore unavailable to you. Want to Upgrade?


To: dusty who wrote (3190)10/4/1998 1:12:00 PM
From: TsioKawe  Read Replies (1) | Respond to of 7609
 
Hey people, check out the stochastics on ARET, The %D line is heading Up before the %K line...

The stochastic indicator attempts to determine when prices start to cluster around their low for an uptrending market, and when the tend to cluster around their high in a downtrending market. Lane's theory is these are the conditions which indicate a trend reversal is beginning to occur.
Ordinarily, the %K line will change direction before the %D line. However, when the %D line changes direction prior to the %K line, a slow and steady reversal is usually indicated.

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