AI
Monday, August 26, 2013 10:09:56 PM
PMCM CHART:
1. Bollies are pinching
2. ADX +/- coming together
3. RSI ready to run
4. Trading range tightening and volume low
5. LOOK AT THE MA's (8 and 32). A lot of traders tell you to buy ANY stock (not to mention the ones with BIG news coming and that are already on a news cycle) when the blue line (8ma) is below the red line (32 ma), AND the pps is below the blue line. BELIEVE ME when I say traders are loading up. They are, and they have been, and this WILL pop.
6. Stochastics show OVERSOLD
JMO... whatcha got to back up your opinions (anyone, not directed at the person I responded to)?
1. Bollies are pinching
2. ADX +/- coming together
3. RSI ready to run
4. Trading range tightening and volume low
5. LOOK AT THE MA's (8 and 32). A lot of traders tell you to buy ANY stock (not to mention the ones with BIG news coming and that are already on a news cycle) when the blue line (8ma) is below the red line (32 ma), AND the pps is below the blue line. BELIEVE ME when I say traders are loading up. They are, and they have been, and this WILL pop.
6. Stochastics show OVERSOLD
JMO... whatcha got to back up your opinions (anyone, not directed at the person I responded to)?
Warning: I Pick Stocks w/ a Magic 8 Ball. Everything I post
could be completely wrong... and occasionally offensive.
Read and absorb my insanity at your own risk.
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