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trader53

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Re: Blueprint2011 post# 17959

Monday, 05/17/2010 4:06:07 PM

Monday, May 17, 2010 4:06:07 PM

Post# of 64330
daytrader2004, the "Positive Divergence",

in both the RSI, and Stochastics, vs. the price,
from May 4th until today, May 17th, is indicating
a very strong probability for a price movement upward.


From May 4th to May 14th,
The RSI "trend" is UP.
The Stochastic "trend" is UP.
The Price "trend" has been down, but is now turning UP.

http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p50149719339

Example of "Positive Divergence":
http://www.stock-charts-made-easy.com/images/RSI_Bullish_20041025_HB.png

Note:
http://trade.gov/cleanenergymission/tg_main_002496.asp

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