posted
BTWO's RSI is oversold but doesn't show enough oversold to say this will move soon. Not that it couldn't but not a lot of pressure to say it must move now. I like to see RSI under 30 but tht doesn't mean it can't.
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posted
BTWO's candlestick show nothing as far as a comfirmation. If I run into a stock that shows a candle confirmation I will post what and why it does.
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Thanks Ric. I think that's a lot of what we have been looking for here. Not just, I like it or don't like it, but the reasons and explanations why. If we continue this I'm betting we will see patterns emerge that will give us an edge.
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Money flow - positive good MACD - not enough volatility to call a move RSI - oversold but could be better William %R - way oversold but not confirmed with RSI Bolinger Bands - tightening showing possible breakout Good Volume - increased along with positive money flow Good
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posted
PWLX is a good example of a candlestick signal. It is a White Closing Marubozu and show signs of continued upward movement in the stock if there is confirmation.
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A Closing Marubozu has no shadow at it's closing end (closed at its high or low of the day). A white body will not have a shadow at the top. A black body will not have a shadow at the bottom. In both cases, these are strong signals corresponding to the direction that they each represent.
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William %R crossed the center from a oversold position pointing to a run.
MACD didn't cross but as I said earlier, MACD is slow on most calls.
RSI was at a very good oversold position going into Friday and is moving up. It hasn't crossed 50 so it doesn't confirm William %R but usually lags anyways.
Money Flow was near neutral until Friday and had sharply turned positive. Good sign
Volume was real nice Friday with money flow supporting the PPS increase.
Bolinger Band did widen but since the PPS crossed under the lower support line which shows a possible break out upwards.
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posted
SDRT - everything looks good except money flow. Even though it increased it is still negative meaning its still a sellers market. I think it will have a small bounce to cover the oversold positions. Might have dilution in play here.
Now that I said that it will probably run to spite me, lol.
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posted
NYVA - Money Flow took a sharp dive down along with pps. Looks like a sell off on bad news. Nothing else looks good either other then it went outsie the bolinger bands and might have a dead cat bounce.
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quote:Originally posted by Highwaychild: BTWO chart... RSI stayed the same, but their money flow took a stiff dive today. With the direction it goes maybe we can get an idea how much of a factor it'll have with this one. Seems alot of your good, and yelp I have seen some goot ones lol, seem to come like joke-grenades, just takes awhile to go off sometimes.
posted
RLYC - Doubt if it will go any lower than .03. That was the 52wk low. Look at the 20 day and up pps. Don't know where they came up with that 5day avg. with a .01.
posted
Okay , 2 CDIK's. Looks like some good ones tonight. Some of these should run like a scalded dog. Penny market looked red today on avgrage to me. Hopefully it'll turn around tomorrow for everybody.
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Williams crossed over from oversold which usually follows movement but RSI doesn't comfirm it.
RSI is over sold but looks like its still dropping not at bottom.
Money Flow is going south. Negative money flow seems to be a sell off.
Bolinger Band. The pps has been riding the bottom of the band for a couple weeks. Not really a good sign but also says there needs to be a movement up sometimes soon. Not sure it will move up enough to make it worth investing in.
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I think it might be one that should be watched for a bit.
William %R - Oversold Good
RSI - moved into the oversold side but not there yet. Doesn't confirm William %R. This is the only technical that isn't in line but this one broke the last time at this level.
Money Flow is positive but it did decrease.
MACD is flat lined not really a tell there
Bolinger Band - is tighting which says it is getting close to a break out. And since the pps is on the bottom line the breakout should be up.
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William %R - way oversold RSI oversold Money Flow is bad and dropping lower Bolinger Band is widening and pps is in middle of band which is a neutral position Volume didn't rise that much not sure where the info might be wrong if you found this.
This one doesn't do anything for me, lol.
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Hit 52 week low late afternoon and bounced back to opening price for the close, most of volume at EOD. Candlestick says a reversal. Does to me anyway,...
APBI has gotta do summat too, also 52 wk low
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