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Re: wolf1991 post# 53167

Tuesday, 05/06/2014 6:14:37 AM

Tuesday, May 06, 2014 6:14:37 AM

Post# of 163721
Yesterday's action was based on lower volume.
The daily chart stochastic and RSI are seemingly oversold.
The price seemed to have bounced off the middle of the BBs.
The weekly chart MACD is still above the middle.
The RSI is in oversold territory and seemingly turning.
The action yesterday towards the close or in the last two hours of the day were bullish.
It would seem to me that based on the chart for today, we're going to have a nice bounce.
Go FROZ!