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Re: Lonnie Starr post# 3244

Friday, 10/10/2014 11:36:22 AM

Friday, October 10, 2014 11:36:22 AM

Post# of 4450
I don't look at other stocks as any indicator of what happens here...stocks are like people, all unique.

The indicators are blown out. CHART

RSI is oversold
ADX -DI is overheating
The MACD is crossing into oversold territory as well..

What am I looking for in the near term?

The MACD to cross, the RSI to come out of oversold and make its way to 50, and the -DI and ADX to retreat. Should happen very soon, and can't imagine that the results from DDD are bad enough to support this sell off... IMHO...

If there is a big surprise, look out, then the chart could rip into doubling territory quite quickly...




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