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Re: Triple9 post# 289

Monday, 10/23/2017 9:35:10 PM

Monday, October 23, 2017 9:35:10 PM

Post# of 864
Is this accurate? I cannot seem to find it. I like this tid bit.
Traders may be relying in part on technical stock analysis. Sangamo Therapeutics (SGMO) currently has a 14-day Commodity Channel Index (CCI) of -143.65. Despite the name, CCI can be used on other investment tools such as stocks. The CCI was designed to typically stay within the reading of -100 to +100. Traders may use the indicator to determine stock trends or to identify overbought/oversold conditions. A CCI reading above +100 would imply that the stock is overbought and possibly ready for a correction. On the other hand, a reading of -100 would imply that the stock is oversold and possibly set for a rally.
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