Tuesday, January 22, 2008 4:22:49 AM
CDVT
Concerned this one isn't in enough of a downtrend. Note the 10 MA indicating sideways action. It's definitely possible, however, that the harami cross indicates a reversal out of the sideways action. RSI trending upward. MACD flatlining... might not be a good sign.
Remember, if it opens lower than the close of the prior long real body's close, it is likely to continue downward. Best to stay away from these.
Concerned this one isn't in enough of a downtrend. Note the 10 MA indicating sideways action. It's definitely possible, however, that the harami cross indicates a reversal out of the sideways action. RSI trending upward. MACD flatlining... might not be a good sign.
Remember, if it opens lower than the close of the prior long real body's close, it is likely to continue downward. Best to stay away from these.
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