AI
Tuesday, August 19, 2008 4:57:32 AM
Well, the chart shows a DOJI today, still slumbering in the sideways channel. Volume is drying up, which means no buying, but more importantly no selling. Little resistance until .0011. Until some buying pressure is realized, this won't move. Of course they can easily raise it .001 and start a frenzy, this thing moves on air.
PPO is about bottomed out, and ready to go positive again.
Full STO, WM%R, RSI took a slight downtown due to the decrease in volume.
AROON is about to go flat line, showing the volitilaty has left the stock.
ADX is so close, it's just begging for a decision on which way to go.
CMF is still creeping back up, another sign selling is done.
The On Balance Volume is in a sideways channel aas well.
All in all, the Chart is screaming for a break-out, it wants it. Any buying pressure will take this very fast, very quick.
PPO is about bottomed out, and ready to go positive again.
Full STO, WM%R, RSI took a slight downtown due to the decrease in volume.
AROON is about to go flat line, showing the volitilaty has left the stock.
ADX is so close, it's just begging for a decision on which way to go.
CMF is still creeping back up, another sign selling is done.
The On Balance Volume is in a sideways channel aas well.
All in all, the Chart is screaming for a break-out, it wants it. Any buying pressure will take this very fast, very quick.
I couldn't possibly think as slow as you if I TRIED.
“Bears make money, bulls make money, but pigs get slaughtered.”
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