posted
Watch this one. Not as much confusion here Tex. RSI & Williams are both showing oversold, ranked as a buy or strong buy by everyone and it's only about a buck off its 52 week low. Bought a load of it today between 5.30 and 5.34, closed at 5.31. Looking for 6.00 minimum next week.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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posted
got some at 5 today been watching since i missed the boat on the last run up.......
Posts: 2794 | From: nyc | Registered: Aug 2005
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asked Simon about this on SPR (who killed me, btw, on the BVX chart interp), and he pointed out the s t o c k l e m o n report, plus the ADX trend, showing downside gaining strength...
I'm just a begginer with charts from the chart school at stock charts dot com. But I think once the ADX crosses above 20 thats a sign the the trend is starting and gaining strenth. So that guy might be right and the down trend is about to pick up steam and go alot lower.
and the negative line above the positive is a sell signal and the positive above the negative is a buy signal.....
And in HSOA'S case....it doesn't even look like the positive line is even near the negative line for a buy signal.
Posts: 2321 | Registered: Aug 2006
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