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Re: None

Tuesday, 04/06/2010 4:37:33 PM

Tuesday, April 06, 2010 4:37:33 PM

Post# of 111729
Technically speaking, we have a small storm brewing. It's not uncommon for the pps to peak and be way above the 20 day line and then drop back and go up and down around it. It's not uncommon for the 20 day to touch the 50 or maybe barley go over it at a pps high or peak and then the 20 falls back down and pps falls substantially below that and from the fifty at the price lows or dips. Normal computer business and the last few months of BEHL.

One of the things I like about TA's are that they are nothing but numbers, programs are nothing but numbers, and patterns develop with both.

We now have a different scenario occurring in which the price is in its lows or close to the bottom of the dip IMO and it is not below the 20 but exactly the same close (.0107) with the 20 bumping the 50 (.0108) and with the price being in the low range instead of the high range. With that, an added pressure, the 100 day is just a stones throw away (.0119) and at this point the storm is brewing with the computer not wanting the 20 to cross the 50 and then the 100 with it being so close and with the low price and volume already at the bottom range, creates a lot of pressure needed to go lower and little pressure to go higher and break. Kind off relates to the "fake, shake, and break" philosophy.

Who will win? I've got the opinion we will. Never can be 100% that's for sure and this is the stock market where nothing is certain, but it's sure playing the part.