TECHNICAL ANALYSIS

[simplegreen]

GM wonderbuy...just looked a CSCT chart..I agree that it looks good..only problem I see is that blasted tall candle..hopefully it will launch the trend from near top of that candles range...long candles mean a lot of ready profit that must be dealt with and also exaggerates the chart conditions technically.Overall the chart looks like launch is in progress though.Also I looked at a Stockfetcher chart so I could see 2 high tech toys that you cannot see using SC.com charts... IFT(5,9) and ECO(10,6) these both are quite powerful trend detectors.For the unfamiliar..IFT(5,9) is Inverse Fisher Transform and the IFT is excellent..it was in reversal to downside the power launch point of -.50...it hit that point and turned back north...strong sign.The ECO is Ergodic Candlestick Oscillator and a cross of the 0(zero) mark is a bullish signal..it is at -.04 rising to the signal line and about to cross...looks good wonderbuy.