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charhorse

08/14/08 9:13 AM

#4405 RE: mantis9000 #4404

Go to this web site

http://stockcharts.com/index.html

Click on the tab marked Chart School

People often post references to tech indicators on message boards because it makes them sound like they know what they are doing.

I use crystal balls myself
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charhorse

08/14/08 9:19 AM

#4406 RE: mantis9000 #4404

Here are some reference to popular indicators and what they might mean in english. It dosen't mean that they will have any bearing on the trading activity of this stock

Bollinger Bands
FLIP is trading within its Bollinger Bands. This is a normal condition and suggests that the stock is neither overbought nor oversold relative to the recent price action.

MACD
FLIP's MACD is currently indicating a weak bullish signal. Although the MACD is trending above the signal line, the indicator is still below 0, which suggests that the underlying moving averages are bearish.

Stochastics
The Stochastic Oscillator is registering a bullish signal as the %K line is above the %D; however the oscillator has moved above the critical value of 80 and is now overbought. The overbought condition means that the upwards momentum experienced in this stock is not sustainable.

RSI
The RSI is currently at 38.8% which indicates that the stock is neither overbought nor oversold. Note the trend of the RSI to see if the internal strength of FLIP is improving or weakening.