InvestorsHub Logo
Post# of 47295
Next 10
Followers 121
Posts 11823
Boards Moderated 0
Alias Born 07/29/2005

Re: lowtrade post# 44699

Thursday, 05/14/2015 3:42:12 AM

Thursday, May 14, 2015 3:42:12 AM

Post# of 47295
Say hi to your dad for me next time he comes around, buddy.

Long time no see. This is just a heads up on a possible flip. I know it's not your style of trading, but I like to pick bottoms once in a while. Here's one that is pushing the 9-day (or the 14-day) RSI way down there. It can't stay this low. The only question is whether it will rally or turn sideways to relieve the oversold condition. Also, it's possible that we could could see a selling climax such as we had last December 22, and take a very nice daytrade out of it. Worth watching for the next day or two. There is no big bad news. It's just way oversold and may offer a trade.

http://stockcharts.com/h-sc/ui?s=EAPH&p=D&b=5&g=0&id=p05690712780

A good bottom's hard to beat.

e

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.