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Re: vawedo post# 38988

Wednesday, 10/28/2009 7:31:29 AM

Wednesday, October 28, 2009 7:31:29 AM

Post# of 58465
good morning everyone!

I got this from INO.com
GENTA INC (NASDAQ:GETA) Downtrend
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term downtrend Downtrend with tight money management stops.
Based on a pre-defined weighted trend formula for chart analysis, GETA scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend):


+10 Last Hour Close Above 5 Hour Moving Average
+15 New 3 Day High on Friday
-20 Last Price Below 20 Day Moving Average
-25 New 3 Week Low, Week Ending October 24th
-30 No 3 Month High/Low

-75 Total Score

and this from Stockta.com
Ind. short Inter Long
EMA VBe Be VBu
MACD N Bu N
RSI Be
TDD Be
Fibs VBe Bu Bu
Highs N Bu N
Lows VBu VBu N
Trends N N N
Stoch. VBu
VBu=Very Bullish, Bu=Bullish
N=Neutral
Be=Bearish, VBe=Very Bearish

this is from americanbulls.com

Today a Doji was formed. This shows indecision about the direction of the market and it represents a tug-of-war between buyers and sellers.
The last two candlesticks formed a Bullish Harami Cross Pattern . This is a bullish reversal pattern that marks a potential change in trend. However, its reliability is not very high and it requires confirmation.

on the weekly ichimoku cloud indicator the blue line crossed the red which is positive

http://stockcharts.com/h-sc/ui?s=GETA&p=W&b=5&g=0&id=p03584810817

so short term we may have a little further to go hopefully not much. I am thinking we may bounce off of the 50SMA. but if we're holding for the long term it looks like the long term indicators are positive. By long term I hope this means no longer than mid November. :)

have a great day everyone!

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