Monday, January 22, 2018 11:36:56 AM
HCTI: This is a 20 year Daily Chart. I felt it was instructive as far as it shows the two extremes (and the dates) for this ticker; once in Sept '09 and again, Oct '17. RSI today is 51.70 which is just over the line into 'bullish' territory. The CCI and The Average Directional Index shows the low point from August 25 to October 12, 2017 at which time the direction is trending higher.
Stockcharts - CCI: '...the majority of CCI movement occurs between -100 and +100. A move that exceeds this range shows unusual strength or weakness that can foreshadow an extended move. Think of these levels as bullish or bearish filters.'
We need something to happen positively this week. Menchox mentioned last week we need to see a 'block' of 250M shs...and/or we need to have Volume well over 395M...500M to 1B would really make this look good to retail.
Stockcharts - CCI: '...the majority of CCI movement occurs between -100 and +100. A move that exceeds this range shows unusual strength or weakness that can foreshadow an extended move. Think of these levels as bullish or bearish filters.'
We need something to happen positively this week. Menchox mentioned last week we need to see a 'block' of 250M shs...and/or we need to have Volume well over 395M...500M to 1B would really make this look good to retail.
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