AI
Sunday, October 21, 2007 1:10:37 AM
PKD calls
Frankly, I would feel better about PKD PUTS right now than calls.
Good- MFI north of 50
Bad- Potential MACD crossover AT "0" (not a HUGE deal beings it's been a fairly tepid indicator up to now but it's worth mentioning because it's also right at 0). RSI bearish crossover. Down volume days bigger than up-days. Broke a short-term trendline on Friday.
Frankly, I would feel better about PKD PUTS right now than calls.
Good- MFI north of 50
Bad- Potential MACD crossover AT "0" (not a HUGE deal beings it's been a fairly tepid indicator up to now but it's worth mentioning because it's also right at 0). RSI bearish crossover. Down volume days bigger than up-days. Broke a short-term trendline on Friday.
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