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Non-Tech : Secret Squirrels hit! -- Ignore unavailable to you. Want to Upgrade?


To: Trumptown who wrote (2175)11/6/1998 9:21:00 AM
From: Larry Voyles  Read Replies (1) | Respond to of 12872
 
GERN - Wow, it blew the lid off. Too soon to tell when the top will be. TA doesn't work very well on picking short-term peaks on blow-out events.

RSI, Money Flow both angled upwards even more sharply than before. MACD was flattening and preparing to cross 4 days before whatever huge event caused the blowout. Now MACD is diverging instead of converging. OBV has been screaming upwards over the last 4 days. Price Oscillator is flattening and this stock closed way, way outside the top Bolinger Band.

All this spells volatility, which will probably make this a good trading stock today. As far as a top, I couldn't make an educated pick on this data, but it does look like the blowout may be slowing.