AI
Thursday, December 29, 2005 2:59:44 PM
The reason for the bounce back today...
It broke way below the lower Bollinger Band on the 30minute chart...The OBV took a hit, but the CMF and A/D Line bounced back very well...The CCI gave a 'buy' signal at the LOD...The RSI bounced back nicely too...The DMI's converged but didn't cross, and are now trying to diverge...Stochastics are nearing Overbought...The MACD is setting up for a crossover above zero...And the Volume was the biggest spike in four days...Whoever bought near the LOD got a Good Price IMO...
It broke way below the lower Bollinger Band on the 30minute chart...The OBV took a hit, but the CMF and A/D Line bounced back very well...The CCI gave a 'buy' signal at the LOD...The RSI bounced back nicely too...The DMI's converged but didn't cross, and are now trying to diverge...Stochastics are nearing Overbought...The MACD is setting up for a crossover above zero...And the Volume was the biggest spike in four days...Whoever bought near the LOD got a Good Price IMO...
PowerPole >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
