Wednesday, April 30, 2014 12:39:05 PM
SYN: $1.40 - Dropped to $1.25 for a few seconds, stood at $1.30 for a large order and then moved up.
On the Daily chart the problem that I have adding at these levels is that the Full Stochastic isn't in very oversold area yet. That doesn't necessarily mean it can't rebound now, but in theory, for me at least, if its oversold, then I'd like all 3 of my indicators that I use most to show it. RSI just hit 26.
Am just watching still. Waiting for double bottom confirmation of sorts. May wait a few days before entering, not sure really. I can wait.
So, Go ELTP :)
SYN Daily:
On the Daily chart the problem that I have adding at these levels is that the Full Stochastic isn't in very oversold area yet. That doesn't necessarily mean it can't rebound now, but in theory, for me at least, if its oversold, then I'd like all 3 of my indicators that I use most to show it. RSI just hit 26.
Am just watching still. Waiting for double bottom confirmation of sorts. May wait a few days before entering, not sure really. I can wait.
So, Go ELTP :)
SYN Daily:
These thoughts are just mine, not right, not wrong, just thoughts. Invest in what you believe in, not what I believe in. Do your research, and invest in the facts.
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