AI
Wednesday, February 08, 2006 7:01:58 PM
RSI play continues
RSI play; chart 1,
A, rsi broke out to 43, could very well hit 50 tomorrow,
B, is an island cluster, its a bullish move, could gap up to $41.41
C, is rsi upside target
Next Play; stoch and macd confirmation, chart 2,
As you can see, the stoch has crossed but not above 20. Once the fullstoch cross' 20 then we'll look for macd cross-over confirmation. Also the macd black line can bump the red line and go back down. We'll talk that if we get there.
Q's Chart 1, rsi,island cluster
Q's chart 2, stoch, macd
RSI play; chart 1,
A, rsi broke out to 43, could very well hit 50 tomorrow,
B, is an island cluster, its a bullish move, could gap up to $41.41
C, is rsi upside target
Next Play; stoch and macd confirmation, chart 2,
As you can see, the stoch has crossed but not above 20. Once the fullstoch cross' 20 then we'll look for macd cross-over confirmation. Also the macd black line can bump the red line and go back down. We'll talk that if we get there.
Q's Chart 1, rsi,island cluster
Q's chart 2, stoch, macd
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