InvestorsHub Logo
Followers 15
Posts 891
Boards Moderated 1
Alias Born 09/25/2009

Re: ossiefus post# 153

Wednesday, 02/23/2011 8:58:04 AM

Wednesday, February 23, 2011 8:58:04 AM

Post# of 172
Indicators are turned up for a move, MACD is headed up back into positive territory. The 20dma (.04318)has started to turn and it could cross the 50dma (.04932) if the trend continues in which the 50dma would become support. Vol has me worried just because before yesterday there was not any real vol. RSI is moving into overbought territory which could be good for a move up as long as the buying continues. Keep a eye on the vol if it starts to dry up you will see the PPS fall back down. I personally don't like to chase a stock after a big run because normally it comes back down right after.


Why is it called common sense, when it's not common for people to have it.

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.