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Re: Bernard Ng post# 17

Tuesday, 11/16/2004 5:34:32 PM

Tuesday, November 16, 2004 5:34:32 PM

Post# of 28
Good question. I dont know how many stocks fit that criteria since there is no scan for this set up. Its just that STOCKCHARTS.COM choses not to show the whole price range from zero to 1000, it cuts out the price range in which the stock is actually trading in whatever timeframe you select .... that can be .001 to .20 or 15.00 to 75.00 or ... - since it cuts out the prices below the Low of the stock down to 0.0000, it implies that stockcharts shows the lows of the trading as lower border in its display. And if volume is overlayed into the chart and not separate, then the moving average for volume will always be there at the lows of the trading range. If the stock goes lower, stockcharts adjust the display range, and the 60EMA will be lower too. So whatever the lows will be, the 60EMA will be there. So its not suitable to make trading decisions.

~DC~

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