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Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN) -- Ignore unavailable to you. Want to Upgrade?


To: VANTAGE who wrote (10520)1/23/1999 7:42:00 AM
From: MskiHntr  Read Replies (2) | Respond to of 15313
 
Good morning, Vantage, based upon the parameters built into TSCN,s charting system, it appears that we have emerged from the oversold condition you refer to. I would surmise that the difference of opinion could be the result of different parameters. Below are the charts of the Moving Average Convergence/Divergence, the Stochastic and Wilder's Relative Strength Index. These coupled with the On Balance Volume from my other post paint a pretty health technical picture.

The MACD is positive
tscn.com

The Stochastic turned positive
tscn.com

The Wilder RSI is positive
tscn.com

This last indicator is what leads me to believe we might be due for some short term consolidation. Other than that, Houston, all systems are Go.

Best, Joe