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Gold/Mining/Energy : Position Trading in Canada -- Ignore unavailable to you. Want to Upgrade?


To: Greg R who wrote (476)1/17/1999 2:51:00 AM
From: Ward Nicholson  Read Replies (2) | Respond to of 2259
 
COS:

I'm just wary of a rise to a new high on meagre volume.
I'd take that as a cautionary signal, perhaps even to
go short. However, if Corel puts out some wicked earnings
or other good news then I can see the fund managers stepping
in and turning Corel into a legitimate play again.

The RSI is a good indicator to watch here too. If COS rises
and the RSI fails to move higher then you're getting a
divergent signal.

tscn.com

Same thing with OBV...

tscn.com

WN