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Re: finwood post# 637

Tuesday, 03/30/2010 7:19:06 PM

Tuesday, March 30, 2010 7:19:06 PM

Post# of 765
Middle Bollie: Nice close above the Middle Bollie. You're right on there. ANd the Middle Bollie is the MA(20) FYI.

MACD Histo above 0. I'd still want to see one more uptick before I'd say it's starting a new trend though.

RSI: I'd say RSI needs to break 55/60 as it has broken 50 a few times before but has lead to nothing special. And take note that you only did around 1200 in dollar volume today. That's nothing. Volume is one of the biggest, if not the biggest, ingredient you should be watching for these chart plays.

Full STO appears to have bottomed out near support, so that can be good, but it also has the tendency to just continue sideways in the oversold area unless good volume comes in.

Volume is the missing link on this one IMO.

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