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Tuesday, November 13, 2012 8:10:18 AM
RIGHTSMILE (NASDAQ:RIGH) Uptrend
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
Based on a pre-defined weighted trend formula for chart analysis, RIGH scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
+10 Last Hour Close Above 5 Hour Moving Average
+15 New 3 Day High on Thursday
-20 Last Price Below 20 Day Moving Average
+25 New 3 Week High, September 27th
+30 New 3 Month High on October 17
+80 Total Score
Northbound
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