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Re: Citrati post# 2822

Wednesday, 02/22/2017 8:30:24 AM

Wednesday, February 22, 2017 8:30:24 AM

Post# of 3443
I had to add the 200 to my chart to see what you were saying since I don't use it and now see, and agree. The 200 is in play. Still strong and still a good chart. Saw the drop coming and should have sold if I had conviction. I find the trouble trading IDRA is the volatility which lolls you into thinking it will pop back up, but it didn't yesterday.

I pay more attention to movement of Wm%R, CII, and RSI which usually move in unison into over-bought and sold with the WmR% leading. The RSI and the Wm%R are no longer over-bought. SAR intact and MACD fine. Probably a needed pullback.

You ever use BarChart cheatsheet to confirm the chart?

https://www.barchart.com/stocks/quotes/IDRA/cheat-sheet

IDRA