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SuperC

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SuperC

Re: SuperC post# 138

Wednesday, 02/23/2011 7:46:56 PM

Wednesday, February 23, 2011 7:46:56 PM

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'analysis'>>>>

Could be a nice short play

Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

Based on a pre-defined weighted trend formula for chart analysis, FMDAY scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend):

+10 Last Hour Close Above 5 Hour Moving Average
+15 New 3 Day High on Wednesday
-20 Last Price Below 20 Day Moving Average
+25 New 3 Week High, Week Ending February 26th
+30 New 3 Month High in February

Total Score +80

* - * - * PRO_TRADERS 10Day_Moving_Average Forum * - * - *
http://investorshub.advfn.com/boards/board.aspx?board_id=18631
Trade Well $$ http://twitter.com/ProDayTrader $$ Trade Often

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