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Microcap & Penny Stocks : Amazon Natural (AZNT) -- Ignore unavailable to you. Want to Upgrade?


To: Janice Shell who wrote (8995)10/17/1998 2:27:00 PM
From: CatLady  Read Replies (2) | Respond to of 26163
 
First of all, TA on stocks that trade less than 100,000 shares per day is not going to be very accurate.

But I do note that stochastics are approaching what could be called an overbought level. Also the price is close to hitting the upper bollinger band. Both of those indicate that a short term pullback is possible.

But when TA works at all it's based on mass psychology. And with all the 20,000 share days lately, there's just no mass interest to measure here.

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Wow, 8998! I didn't even notice until Janice pointed it out! WoooHooo!