Replies to post #88076 on ajtj99's Market Pulse

[ajtj99]

NTAP should attempt to hit 34.25 prior to a turn. That's the minimum I think.

[ajtj99]

SHLD 60-minute RSI-5 has a pattern that would suggest 3-days of down following a tag of the 70 level this afternoon on that indicator:

http://stockcharts.com/h-sc/ui?s=SHLD&p=60&b=5&g=0&id=p22314465657

The indicator also has a H&S top pattern, that kind of adds some strength to that read. The full stochs 14,3,3 also have a H&S top pattern that suggests that indicator should return to below the 20 level for a couple of days.