AI
Sunday, February 10, 2008 11:39:41 PM
PMCS Chart
mrtrewulf, welcome to the board. I know you asked JK and I'm sure he will give you his thoughts but I couldn't resist as I looked at it earlier. I like it and chart appears to be shaping up nice, reason I didn't throw it out there was because I had a couple other plays I liked better.
PPO has crossed and +DI on ADX is turning upwards, good signs IMO.
ADX is over 50 and showing a small sign of breaking, needs to turn down sharper and any further gains should do that for it.
RSI and Wm%R coming up but not high enough for me to call it strong yet, it's a good start though and looking well
TRIX looking good, Full STO would make me feel better if it gets above 20 but coming up well
On Balance coming up off bottom, showing oversold
I'm a bit concerned with that long wick on top of Friday's candle, it's not huge but it's a sign that it may pull back or trade sideways before making a big push up
Overall it looks good and I like it but it may be just a bit early for it IMO
PMCS Quote
mrtrewulf, welcome to the board. I know you asked JK and I'm sure he will give you his thoughts but I couldn't resist as I looked at it earlier. I like it and chart appears to be shaping up nice, reason I didn't throw it out there was because I had a couple other plays I liked better.
PPO has crossed and +DI on ADX is turning upwards, good signs IMO.
ADX is over 50 and showing a small sign of breaking, needs to turn down sharper and any further gains should do that for it.
RSI and Wm%R coming up but not high enough for me to call it strong yet, it's a good start though and looking well
TRIX looking good, Full STO would make me feel better if it gets above 20 but coming up well
On Balance coming up off bottom, showing oversold
I'm a bit concerned with that long wick on top of Friday's candle, it's not huge but it's a sign that it may pull back or trade sideways before making a big push up
Overall it looks good and I like it but it may be just a bit early for it IMO
PMCS Quote
A tornado is like a stock, it takes just the right conditions to form a huge one but once it forms, nothing can stop it!
my posts are only my opinions, nothing more
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