Wednesday, July 21, 2010 6:13:14 AM
Buy when the price has fallen below recent support.
The price goes up to test the support level, which has now become the resistance level.
The stochastic reading is "oversold buried". The stochastic reading is under 20.
Note the the stock price moves up, after it falls below recent support. You can see this on the following chart.
http://www.stockta.com/cgi-bin/analysis.pl?symb=OPMG&mode=table&table=stoch&num1=568
Positive Divergence between the MACD and Price.
the MACD is rising, while the price is falling.
Price will rise shortly.
http://stockcharts.com/h-sc/ui?s=OPMG&p=D&yr=0&mn=6&dy=0&id=p74730347639
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