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Re: ClayTrader post# 39956

Saturday, 11/06/2010 7:18:53 PM

Saturday, November 06, 2010 7:18:53 PM

Post# of 50030
I would like to see an annotated chart on a ticker I have been watching for some time that I believe to be a sleeper primed for rebound. I have also have some chart questions. What is the best indicator to confirm a MACD crossover? Is it stochastics? Also, what is the best indicator to pair with the accumulation line?

We had an annotated chart done a while back, but there was not much to annotate so I was looking for a recent one.


I have found that a long term slow downtrend in PPS paired with a long term multi month positive divergence in accumulation is a very bullish pattern for a strong reversal. What would you use in addition with the accumulation indicator?


I believe when it comes to the candlesticks and the actual chart, that this PPS has hit its bottom and the reversal might possibly be beginning. There have been a lot of white candlesticks, but little movement and limited volume. Limited volume I think makes it a little more difficult to confirm trigger points on chart indicators.

Also the newest support and resistance levels.

Symbol: CBJG.PK


the company is fully reporting, and the float is 42 million so it wouldnt take much volume to shoot it up. I have been going nuts trying to use chart indicators to determine if the bottom has finally been reached. The stock shows up constantly on reg sho with often the total volume of the trading day being short.



Thank you! Charts are fun!

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