Wednesday, December 08, 2010 8:22:56 PM
The pinch is still forming. Looks like a pump and dump BB
Long term watch list, looking at the 9 Month daily and 3 Month daily, previous pinches have moved nicely.
RSI and MFI showing nice oversold.
ADX 2, 4 and 14 have not budged from the bottom.
5dma has not hooked yet.
A lot of hammers and dragonfly's but no reversal yet.
Trix 3,3 and MACD still downtrending
Full STO, PPO overlay shows a little ways yet to reset
Support band .13 - .15 not sure if it will hold.
ACCUM/DIST and CMF looking ok.
With the 50ema at .33 it has some room for gains.
the 50ema just crossed down through the 50dma and already went through the 50dma
looks like some hard resis in the .24 area
IDLM - Daily Candlesticks
Long term watch list, looking at the 9 Month daily and 3 Month daily, previous pinches have moved nicely.
RSI and MFI showing nice oversold.
ADX 2, 4 and 14 have not budged from the bottom.
5dma has not hooked yet.
A lot of hammers and dragonfly's but no reversal yet.
Trix 3,3 and MACD still downtrending
Full STO, PPO overlay shows a little ways yet to reset
Support band .13 - .15 not sure if it will hold.
ACCUM/DIST and CMF looking ok.
With the 50ema at .33 it has some room for gains.
the 50ema just crossed down through the 50dma and already went through the 50dma
looks like some hard resis in the .24 area
IDLM - Daily Candlesticks
Rock out with your Stock out. :)>
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
