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Re: Rocket-Interceptor post# 4186

Thursday, 07/17/2008 8:22:47 AM

Thursday, July 17, 2008 8:22:47 AM

Post# of 6498
I'm wondering what indicators you use

http://stockcharts.com/h-sc/ui?s=FLIP&p=D&b=5&g=0&id=p46167836547

Bollinger Bands
FLIP is trading above its upper Bollinger Band. Relative to recent price action, the stock is currently overextended and due for either a pause or retracement.

MACD
The MACD for FLIP currently indicates a strong bullish signal for two reasons. First, the MACD is above the signal line, a 9minute moving average. Second, the MACD is above 0 which implies that the underlying moving averages are trending higher.

RSI
The RSI is currently at 57.28% which indicates that the stock is neither overbought nor oversold. Note the trend of the RSI to see if the internal strength of FLIP is improving or weakening.



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