Thursday, December 14, 2006 9:27:42 AM
Good Morning 'marketmaven'...
I see this is your first post on this board, so I'd like to say:
To the Board!...
re: FRPT...To be honest, it's looking fairly weak...Because the CCI just gave a Sell Signal by crossing down through the upper line, RSI is still downticking, the ADX DMI's are converging, Stochastics broke below the 50 line, and the MACD Histogram is downticking...The worst thing is the decreasing daily Volume...
OBV and Accumulation are downticking, but CMF Money Flow is still high...If the RSI breaks below 50, that won't be bullish...If the CCI breaks below zero, that's also not bullish...The Moving Averages look weak...Volume is weak...If the ADX's DMI's cross, that's bearish...The MACD fast line is crossing down through the slow line, and that's bearish...Aroon red and green are both downticking...Williams%R and Stochastics shows it's not even Oversold yet...
I wouldn't be going short here as it's fallen a lot already, and I'm not calling for it to bottom yet either...I'll keep one eye on this one for you...Remind me in a couple of days about this one, and we'll see how my call went...
It's nice to have you on board, and if you'd like a chart analysis of any other stock don't hesitate to ask...
Good Luck To ALL ;^))
I see this is your first post on this board, so I'd like to say:
To the Board!... re: FRPT...To be honest, it's looking fairly weak...Because the CCI just gave a Sell Signal by crossing down through the upper line, RSI is still downticking, the ADX DMI's are converging, Stochastics broke below the 50 line, and the MACD Histogram is downticking...The worst thing is the decreasing daily Volume...
OBV and Accumulation are downticking, but CMF Money Flow is still high...If the RSI breaks below 50, that won't be bullish...If the CCI breaks below zero, that's also not bullish...The Moving Averages look weak...Volume is weak...If the ADX's DMI's cross, that's bearish...The MACD fast line is crossing down through the slow line, and that's bearish...Aroon red and green are both downticking...Williams%R and Stochastics shows it's not even Oversold yet...
I wouldn't be going short here as it's fallen a lot already, and I'm not calling for it to bottom yet either...I'll keep one eye on this one for you...Remind me in a couple of days about this one, and we'll see how my call went...
It's nice to have you on board, and if you'd like a chart analysis of any other stock don't hesitate to ask...
Good Luck To ALL ;^))
PowerPole >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
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