AI
Saturday, September 04, 2010 3:03:13 AM
POSC ->
Saw this on another board. This stock has been selling off and draggin' the bottom Bollinger along with it, but the RSI is in an oversold area where the pps has bounced from nicely before.
Stochastics are right at 6 month oversold lows as well. Fridays' candle break over prior candle just might get an entry from me on Tuesday.
Yesterday saw the highest volume in almost 4 mos. yet the price barely budged. Today there was selling volume, yet ended in an up day. So it appears the selling may be drying up. The bounce could be respectable.
Don't be fooled by the apparent pincher below, though - the signal line #s are too low as of yet, to qualify for a pincher.
Saw this on another board. This stock has been selling off and draggin' the bottom Bollinger along with it, but the RSI is in an oversold area where the pps has bounced from nicely before.
Stochastics are right at 6 month oversold lows as well. Fridays' candle break over prior candle just might get an entry from me on Tuesday.
Yesterday saw the highest volume in almost 4 mos. yet the price barely budged. Today there was selling volume, yet ended in an up day. So it appears the selling may be drying up. The bounce could be respectable.
Don't be fooled by the apparent pincher below, though - the signal line #s are too low as of yet, to qualify for a pincher.
HOPE and HYPE are account KILLERS...
The CURE: BC'S BOUNCERS
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