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Re: Monk post# 5000

Tuesday, 06/01/2010 5:02:47 PM

Tuesday, June 01, 2010 5:02:47 PM

Post# of 111215
Amazing what one day can do for a chart, most all indicators have either proven to have 'bottomed out' and given buy signals or buy signals are pending.

1.) MACD bullish crossover today
2.) RSI cross above 50.00
3.) PPO pending bullish signal crossover
4.) ADX starting to converge
5.) Full stochastic above 50.00
6.) Accumulation/Distribution coming off bottom
7.) MFI coming off bottom
8.) Improving Aroon
9.) Low volume green day implying shares are few and far between down here

I can honestly say that I have not ever seen a chart in the pennies looking as bullish as this one heading into the summer season, which is typically a hot couple months in the penny market

Have a good night everyone

pisa

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