Bagman's charts, watchlists, scans and etc.

[**D*A**]

Congrats on your quick trade with AMSC. The indicators are all extremely oversold and the pinch is nice and tight. That's usually a good indication that a bounce is likely. The weekly chart is showing price support too, that's alway's a positive. Good luck! I think you'll be able to get out with a gain, I don't think I would go so far as to call it "THE" bottom though. Most true bottoms go through a process that can take months and with some stocks, years. The short and longterm moving averages twisting together is one really good sign of a stock at the end of the bottoming process.