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Post# of 346952
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z4lover

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z4lover

Re: Revenger post# 202875

Thursday, 09/17/2009 2:00:31 PM

Thursday, September 17, 2009 2:00:31 PM

Post# of 346952
From scottrade.

Stochastics
The Stochastic Oscillator is registering a bearish signal as the %K is below the %D. However, the oscillator has dropped below the critical value of 20 and SPNG is now oversold. An oversold condition means that the recent downside momentum is not sustainable.

Williams %R
According to the %R which is currently at -99.85%, below the critical value of -80, SPNG may be oversold. While this does not signal that shares will begin to rally, it is unlikely that selling pressure can continue at this level.

Everything I say is in my own opinion do not buy sell or hold based off what I have to say.

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