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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Paul Merriwether who wrote (111250)3/23/1999 5:08:00 PM
From: edamo  Read Replies (1) | Respond to of 176387
 
paul...re:can a stock be oversold/overbought...sho nuff...

your quote was as defined against market breadth.................

does not only apply to a "basket" of issues or an index...look at a stochastic momentum indicator...-20 reading strong oversold indicator..+80 reading strong overbought indicator...i'm not one who is enthralled by ta...but stochastics quite good for turns...and yes it applies to individual issues....if the stochastic is correct on dell, we should see a bounce within this week....good luck, ed a.