Saturday, July 12, 2014 8:46:27 PM
Looking towards next week we will see it up!
1, The full STO line is starting to point upwards which is a sign of upward trend.
2, The fast and slow MACD lines have crossed and have bottomed with a slight ward pointing up wards. This is also a sign of ward trend
3, The CCI line has pointed up sharply from it's bottom 200 where it found support. Once it crosses the 0 line it will become bullish.
4, Volume is remaining steady, no breakout or sell off just normal day to day volume shows a stock steady.
BUT BUT, this stock is in an over all down ward trend. From June 9th to now it is in a downtrend, with raises and lows which are deeping. It was over sold this last 2 trading dys and corrected itself back to the bottom bollenger line. The 5 day moving average line is where I see it poping up to next week.
If it can break this line it will have support and run higher. But It won't I t won't make it over the middle bollenger line and drop again. You can see from July 1st where it made over the middle bollenger line but had no volume to drive it up higher and have support, hence it dropped on the 7th and gapped down. I see this happening again with this again because it's natural flow of the stock and there's no news driving it right now.
I love this stock because you can trade it 2 to 3 times safely a month. I only use this as to trade my tax money. Why pay your tax money on time. I trade my whole years taxs on this stock for the last 2 years and only have to pay half out of my pocket to pay my taxs. The rest comes from trading this stock. I set aside my tax money for this stock only. I don't trade any other stock with my tax money or any other investment with this stock. To risky to keep track of. Because If I lose my tax money. Uncle sams coming after me.....
1, The full STO line is starting to point upwards which is a sign of upward trend.
2, The fast and slow MACD lines have crossed and have bottomed with a slight ward pointing up wards. This is also a sign of ward trend
3, The CCI line has pointed up sharply from it's bottom 200 where it found support. Once it crosses the 0 line it will become bullish.
4, Volume is remaining steady, no breakout or sell off just normal day to day volume shows a stock steady.
BUT BUT, this stock is in an over all down ward trend. From June 9th to now it is in a downtrend, with raises and lows which are deeping. It was over sold this last 2 trading dys and corrected itself back to the bottom bollenger line. The 5 day moving average line is where I see it poping up to next week.
If it can break this line it will have support and run higher. But It won't I t won't make it over the middle bollenger line and drop again. You can see from July 1st where it made over the middle bollenger line but had no volume to drive it up higher and have support, hence it dropped on the 7th and gapped down. I see this happening again with this again because it's natural flow of the stock and there's no news driving it right now.
I love this stock because you can trade it 2 to 3 times safely a month. I only use this as to trade my tax money. Why pay your tax money on time. I trade my whole years taxs on this stock for the last 2 years and only have to pay half out of my pocket to pay my taxs. The rest comes from trading this stock. I set aside my tax money for this stock only. I don't trade any other stock with my tax money or any other investment with this stock. To risky to keep track of. Because If I lose my tax money. Uncle sams coming after me.....
(IMO) Sometimes I'm to the point, and sometimes I'm out in left field. JMHO
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