AI
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| Alias Born | 01/28/2010 |
Friday, September 10, 2010 10:09:47 AM
The RSI was showing "overbought" during that initial run. The consolidation during the last couple of days allowed that to drop down a bit so that it has more room to move up. The MACD turned down and is likely going to head back north. The Full STO is pointing UP, suggesting a swing in price back upward. The P-SAR is messed up, still showing a "sell" signal because of that paint to .28 a couple days ago, so the SAR is messed up.
What I like best is that we went through the "downtrend" on the indicators without actually dropping the price (we closed green every day). If that is the "down", then I can't wait for the "up".
I am not a promoter or professional stock trader. I'm a regular guy who enjoys stock trading to make (or lose) a few dollars. I am only responsible for my own trading foibles, not yours...do your own DD.
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