Replies to post #124211 on Sarissa Resources Inc (SRSR)

[d0lphint0m]

http://stockcharts.com/school/doku.php?st=MACD&id=chart_school:technical_indicators:moving_average_conve

Here is a link to a page that explains the MACD and what to look for in change of trend....Unfortunately there is little to look for as things stand right now.

[ElohimPerazim]

When RSI is too high (over 70 for extended time) it is like an overinflated balloon. It's hard to pump more air into it. Bull runs on charts need those consolidation periods to "reset" the RSI and other indicators and make "room to run" to the upside. We have gotten very nice resets in the indicators and now we have MORE room to run to the upside. (whereas before .07 .08 may have been the max potential, now we could easily run to .12-.15 before the next consolidation imo) long story, short. It's a healthy looking chart!