Tuesday, March 04, 2008 1:52:14 PM
Both charts look great. Day chart shows a lot of indecision which's probably jsut flippers doing their thing - nothing wrong with that. It'll keep on like this till the week chart tells it where to go.
Week is looking good. Trix about to cross and turn up, MACD also ending its bearish run and about to cross and turn up. Aroon also looking to turn up. MFI is nearing oversold levels and RSI is slightly underpowered right now but could start trending up.
For a day play you'll get a lot of volatility but for a week play it's definitely a keeper w/ lotsa potential. Of course I'm a network guy and deal with computers all day and only trade on the side.
Day chart
week chart
Week is looking good. Trix about to cross and turn up, MACD also ending its bearish run and about to cross and turn up. Aroon also looking to turn up. MFI is nearing oversold levels and RSI is slightly underpowered right now but could start trending up.
For a day play you'll get a lot of volatility but for a week play it's definitely a keeper w/ lotsa potential. Of course I'm a network guy and deal with computers all day and only trade on the side.
Day chart
week chart
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