Replies to post #5495 on chART Analysis

[MaryKateAustin]

RMBS Chart:

Afternoon Jen,

Your chart has a STochRSI which is the RSI and STO combined ... STO usually moves as a leading indicator.

Stocks are expected to be going up during the Q reporting season.... Link to the COMP chart:
http://stockcharts.com/h-sc/ui?s=$COMPQ&p=D&yr=2&mn=8&dy=0&id=p66936350794&a=111417285&listNum=1

RMBS 2 year chart: RSI is over sold... STO is turning up ... there is a Hammer @ the bottom 5 days ago .. RMBS could go higher soon ... notice a pincher has formed on MACD and ADX with ChiOsc turning up, all this needs is for MFI to turn up. There is no selling to speak of for the last 5 days; since the hammer bottom. Could bounce over the 200 day+