posted
Anyone have any good ideas on this stock? I'm a newbie, my first buy at 1.3 and now it's at 1.1. I'm a little discouraged. Can someone pick my spirits back up. Oh and if you have any good info on this stock, I'd appreciate that as well.
Posts: 184 | From: Pembroke Pines FL USA | Registered: Nov 2003
| IP: Logged |
Moving Average Convergence/Divergence (MACD) indicates a Bullish Trend. Chart pattern indicates a Strong Upward Trend. Relative Strength is Bullish. Up/Down volume pattern indicates that the stock is under Accumulation. The 50 day Moving Average is rising which is Bullish. The 200 day Moving Average is falling which is Bearish. Look for Support at 0.90
posted
I'm a newbie. Can anyone explain to me what Diane meant in her previous posting.
Posts: 184 | From: Pembroke Pines FL USA | Registered: Nov 2003
| IP: Logged |
posted
Simply put the stock price trend is up except for the 200 day moving average. Any sideways movement means it is under accumulation (buyers are loading up)or undecided. Keep in mind though that all this is predicted on hindsite information. If I were you I would read up on investing such as the financial and the technical analysis of stocks. That way you will learn more before venturing into stocks. A place to get free info is stockchartsdotcom. Below I will list a place to look for good reading. Looks like it recovered to near your original price. Another good thing that I personally like to see is insider buying which this stock has. http://finance.yahoo.com/q/it?s=SGRP Good luck. http://www.allstocks.com/edu/
[This message has been edited by timberman (edited December 11, 2004).]
Posts: 474 | From: Central PA | Registered: Oct 2003
| IP: Logged |
posted
Thanks Timberman. Can you or anyone recommend a good book on finacial and technical analysis of stocks? I'm not into the OTC or BB stuff, just the stocks traded on the NASDAQ, DOW, or AMEX. Thanks for the info!
Posts: 184 | From: Pembroke Pines FL USA | Registered: Nov 2003
| IP: Logged |
posted
Thanks a ton, just ordered the book for lik $5.00 and I'm looking forward to a good read!
Posts: 184 | From: Pembroke Pines FL USA | Registered: Nov 2003
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
