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Re: beach_trades post# 212

Thursday, 01/02/2014 7:37:26 PM

Thursday, January 02, 2014 7:37:26 PM

Post# of 252
Right now, this one seems stuck in churn.

Some observations from the chart:
1. It rarely runs green more than two day.

2. The RSI (I set it at 10) is about at its high point in the last couple of months.

3. CMF is also about peaked out.

4. Volume is weak and also stuck in mud.

It will take some real news I think to get this to run again.

All.... JMHO


I wrestled with reality for years, Doctor, and I'm happy to state, I finally won out over it. (Jimmy Stewart in "Harvey" 1950)

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