AI
Friday, July 23, 2010 10:41:12 PM
Restricted shares or not, parties are selling. Fear/Panic or not, when ChiOsc collapses along with downtrending MFI, and CMF diverges from that, you're in falling knife catching area...
Based on the current trendline, candle placement in the Bollinger Bands and volume-- barring any news driver (pro or con) -- I say watch for PVO to re-constrict and hopefully crossover for rebound from ~ 0.725 - 0.80 and then recovery in the 1.05 - 1.20 area.
Annotated Chart:
Based on the current trendline, candle placement in the Bollinger Bands and volume-- barring any news driver (pro or con) -- I say watch for PVO to re-constrict and hopefully crossover for rebound from ~ 0.725 - 0.80 and then recovery in the 1.05 - 1.20 area.
Annotated Chart:
