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Re: Nihonto Chicken post# 37470

Monday, 02/14/2011 4:40:26 PM

Monday, February 14, 2011 4:40:26 PM

Post# of 59550
Chicken-thanks for the input. I know you like the BBs and have studied them in more detail than I have.

What you say makes sense.

Today it did close ( weakly and with a doji - doji indicates indecision) above the downtrend line and the STO has crossed over and up. Williams %R also crossed the lower boundary, possibly indicating a break of the oversold condition...... note the last two blue circles and the following days. Same goes for the STO

No conclusions yet, and tomorrow will probably tell the tale.

http://stockcharts.com/h-sc/ui?s=IMGG&p=D&yr=0&mn=3&dy=0&id=p14953367411&a=195071609