AI
Wednesday, March 22, 2006 6:59:31 AM
ADBE earnings today.
ADBE is 5% down this month and the earnings comes out after the market closes. That means, good news or bad, ADBE will have around 7 trading days to work itself to positive ground before the selling point on the 31st. I still see that happening. The indicators are suggesting more growth despite the small loss yesterday. Earnings usually causes people to jump ship before they come out. Seven days is fine for the small ground it needs to cover.
#1. AROON- 8 You watch as the Aroon down crosses the 75 down and the aroon up comes up from zero. Most important. (\0/)
#2. WILLIAMS%R- 9 You watch the line cross the 50.
#3. ChiOsc- 2, 5 You watch the ChiOsc crossing the zero line.
#4. ADX/DMI-5 You watch as the D+ line either crosses, or is higer then the D-
#5. MACD histogram- 5,15,10 You watch the negative bars register -50% smaller then the bar before it, or -50% smaller then the largest in the grouping.
#6. Full Stoch- 5,5 You watch the fast line cross the slow line while the aroon down(8) crosses the 87.50. Crossing the 20 would be best, when the williams agrees.
#7. Bollinger Band 20,2 You watch for the Magic Box to occur when the negative close touches above the lower bolly and the next day’s close to it is positive growth in a white candle.
Ken’s Quick hit template.
ADBE is 5% down this month and the earnings comes out after the market closes. That means, good news or bad, ADBE will have around 7 trading days to work itself to positive ground before the selling point on the 31st. I still see that happening. The indicators are suggesting more growth despite the small loss yesterday. Earnings usually causes people to jump ship before they come out. Seven days is fine for the small ground it needs to cover.
#1. AROON- 8 You watch as the Aroon down crosses the 75 down and the aroon up comes up from zero. Most important. (\0/)
#2. WILLIAMS%R- 9 You watch the line cross the 50.
#3. ChiOsc- 2, 5 You watch the ChiOsc crossing the zero line.
#4. ADX/DMI-5 You watch as the D+ line either crosses, or is higer then the D-
#5. MACD histogram- 5,15,10 You watch the negative bars register -50% smaller then the bar before it, or -50% smaller then the largest in the grouping.
#6. Full Stoch- 5,5 You watch the fast line cross the slow line while the aroon down(8) crosses the 87.50. Crossing the 20 would be best, when the williams agrees.
#7. Bollinger Band 20,2 You watch for the Magic Box to occur when the negative close touches above the lower bolly and the next day’s close to it is positive growth in a white candle.
Ken’s Quick hit template.
#board-1616 & #board-3424 Seasonals rock.
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