Hope I can help.. as you see YRCW is moving to the downside with the gap to be filled or at least investors are thinking and the chart seems to be saying. It hit the 20 day today and broke down on the 5 day moving under the 10 not good..Stoch RSI is in the oversold area so maybe a bounce could come. The +DI needs to move under the -DI to complete the trend so watch that carefully. The CMF is heading south as well. Now sometimes this is where a big news flash might come in and there were talks of a merge so always keep a close eye....http://stockcharts.com/h-sc/ui?s=YRCW&p=D&yr=0&mn=6&dy=0&id=p49222232511
IM looking to buy in again but I was thinking if they did r/s now at 25-1 the price now at.28 that would make the price 7.00 and I think it would be shorted down how far I dont know I have seen it happen before I took a beating a few times myself so IM shell shock.I know this company will make it so I think I will wait a while and see what Zollars will do. Does that make any sense????
here are some other details to lok at the sto's and as you can see they were way overbought and now they're correcting themselves. Also the middle bollie is a good indicator here for support and the 20 day and the middle bollie are the same. The Sar has flipped above the price which is always a sell indicator. Hope this make sense just examine these charts with my notes and you will see how the chart tell the story not a buch of Ihubbers pretending to be stock gods... I get kicked off more boards for telling people the truth, they hate it but I never pump something unless the chart says I can... Look at the top bollie and the top Sar they were both at .44 when the stock turned back cool huh...http://stockcharts.com/h-sc/ui?s=YRCW&p=D&yr=0&mn=6&dy=0&id=p02091696898
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