CDIT - 4godnwv thank you much..your thoughts and TA experience is always inlighting and helpful.
..i know for a fact the mm's closed this down @LOD just because they could...i've got some other guys who were trying to fill buy orders and absolutely nada.
the last trade was at like 3:18pm
crazy...
they definitely seem to be trying real hard to hold this for whatever reason.
agree..really will be intersting to see what the next few days hold in store here...
I decided to not even use the standard MACD because it just doesn't jive sometimes with my aim. I placed the MACD histogram without the lines to confuse me. I just pay attention to the bars. When the last bar shown is 50% as big as the previous bar going in either direction- plus or negative zero- the trend will turn that way very fast. It can also be 50% as big as the longest bar, too. It can help to discern whether to prepare to get in or get out. I am still in the research stage of this indicator.
JM the specific MACD indicator here says you are heading towards a bit of growth very soon. More growth then loss in the next few days. By Friday, CDIT will be higher then it closed today. The aroons will cross below the 30. Look for one nice move when it does. JMO. (\0/)
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