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Re: Nebuchadnezzar post# 90812

Wednesday, 12/02/2020 2:49:16 AM

Wednesday, December 02, 2020 2:49:16 AM

Post# of 90877
Hey there Neb,

I don't know anything about that stock.

Here is what I look at though.

Keep in mind that I am a cheapskate and cant post live or complex charts anymore, so this screen shot will have to do.


I went back to look at a longer history.

First thing that caught my eye was the T/A pincher in late March.

Where the MACD and ADX met and then exploded the PPS (pincher play.)

It coincided with a PSAR (parabolic stop and reverse.)

Since that time, while the stock has rallied, the latest PSAR line has failed to move the PPS higher like before and even if it did, the PPS would likely meet heavy resistance from the previous 52 week high.

The trend line has also been pierced a few times since then.

I know you play all stocks from T/A to fundamentals and value investing.

Just my thought on the chart.

Be well.


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