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mappo

01/09/11 1:09 PM

#123923 RE: HighPriestess #123913

HighPriestess .. charts are
misleading sometimes.
if charts are so dependable,
everyone will be Buffett.
Your own DD is the best tool.
Try to read Bio's post#123695.
All about KAT.
Good luck to you.

psl

01/09/11 1:16 PM

#123925 RE: HighPriestess #123913

Williams %R and use Quote Tracker also.

Eagle777

01/09/11 1:30 PM

#123932 RE: HighPriestess #123913

So how do I tell if the stock is Oversold or Overbought?

I wish I could give you a simple magic indicator but it is much more involved than that. Simple indicators can remain very oversold or overbought for some time. You have to have a real feel for the stock, and enough experience to sense things like capitulation selling. For me is a "gut feel thing" based on years and years of trading.