Thank you for the information...reason i asked other than knowing very little about TA is the following: i checked numerous charts and came up with this...might be ridiculous, but here goes:
1. RSI breaks back up from 30...
2. fst sto % back up from 20...
3. MFI back up from 20...
4. ult osc back up from 30...
5. %B thru 50...
6. at least 2 white candles up for reversal...
7. 1 & 6 a must, 2-5 probably 3 of 4...
a few of charts i checked...long,fdx,hafc,axl,bzh,cbak,lb,cgx,and gifi and quite a few others that seemed to confirm...looks too simple, probably like wife says, so am I...
Comments welcome but not too harsh...
CharlieB
