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Re: FreeBird post# 2526

Sunday, 02/17/2013 4:18:13 PM

Sunday, February 17, 2013 4:18:13 PM

Post# of 26259
dj... you can see oversold through some of the indicators on a chart

specifically the williams (wm%R) under -80, and the rsi's 14 and 6 under 30. you can also see how the stochastics shows the strength of the selling.

btw.... this looks to be at the beginning of a turn. it's also a ppo/adx pincher and when those turn up and play out they often (but not always) have big gains.

best to ya'

rich

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