Monday, December 07, 2009 10:49:46 PM
full stochastics is rising
MACD is rising
BB is tightening up
price is above the 20SMA and below the upper BB
price is down on lower volume
on the daily chart though it doesn't look as promising but again this is a shorter term view
RSI is pointing down
full stochastics is starting to point down
what I like about the RSI is that it is still above 50 and if it stays above 50 it can turn around with the news we're expecting.
the full stochastic has been a little gittery also so since it is above 50 that could also be a positive.
I am no expert so I am just stating the obvious.
I am in with not as many shares as you guys but I am hoping for the best.
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