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Re: abbytraderwin post# 72158

Thursday, 10/07/2010 11:43:11 AM

Thursday, October 07, 2010 11:43:11 AM

Post# of 108228
STHG is currently trading between the 50dma(.0019) and the 200dma(.0025) on the weekly chart.

One or the other will give out and the pps will follow that trend soon.

To KNOW which one it will be, make the following chart and look at it.

Weekly chart for one month, STHG:

Indicators:

2dma
50dma
200dma
AccumDist/SMA2
CMF(2)
TRIX(3,3)

You can also see why it is a struggle to move up right now, resistance at the 2dma (.0022) on the weekly chart. Closing over that is key to attacking the 50dma on the weekly chart.

Now if you look at the AccumDist/SMA2 and the CMF(2) on the weekly chart, you will see who is really winning the battle.

Don't let negative posters take you off of you game.

Loading and waiting for the next days and weeks to come.

BUY ANYTHING THEY SHAKE AT YOU.

Now you know why I am happy.

Good trading to you....


p.s. The linked post is not bad to keep in mind as well.

Enjoy

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y