Morning Leilani There are a lot of GTE people here on this board. I love GTE, too. In my opinion, and please do not get mad if I am wrong, it is a great time to get into GTE. The secret to watching the aroons is when both aroon down and up are dropping, you immediately look to the Williams. If it begins to rise, buy quickly. In your daily chart, Leilani, GTE's aroons are both racing down, very good sign me thinks. I am expecting GTE to either go up today, or Monday nicely. JMO. I hope the best for you, you know that.
#1. AROON- 8 You watch as the Aroon down crosses the 75 down and the aroon up comes up from zero. Most important. (\0/) #2. WILLIAMS%R- 9 You watch the line cross the 50. #3. ChiOsc- 2, 5 You watch the ChiOsc crossing the zero line. #4. ADX/DMI-5 You watch as the D+ line either crosses, or is higer then the D- #5. MACD histogram- 5,15,10 You watch the negative bars register -50% smaller then the bar before it, or -50% smaller then the largest in the grouping. #6. Full Stoch- 5, 5 You watch the fast line cross the slow line while the aroon down(8) crosses the 87.50. Crossing the 20 would be best, when the williams agrees. #7. Bollinger Band 20,2 You watch for the Magic Box to occur when the negative close touches above the lower bolly and the next day’s close to it is positive growth in a white candle.
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