the_trade123
107 posts
msg #96003
- Ignore the_trade123 |
9/3/2010 9:32:53 PM
Do you think a reversal is imminent to the downside?
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four
5,087 posts
msg #96005
- Ignore four
modified |
9/4/2010 12:07:04 AM
in=135.24, 9/2/10
stoploss=132.02, 9/3/10
-- wait and see --
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johnpaulca
12,036 posts
msg #96014
- Ignore johnpaulca |
9/4/2010 2:17:03 PM
looking at the daily chart, market environment it's reasonable to say this stock has more upside than downside...imho
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four
5,087 posts
msg #96015
- Ignore four |
9/4/2010 4:56:41 PM
rsi(2) says nearing top.
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the_trade123
107 posts
msg #96017
- Ignore the_trade123 |
9/4/2010 8:45:05 PM
thanks guys. to answer four; i would like to keep a position for a few days; i try to catch it near the bollinger band edge (top or bottom). i think it is nearing the top. may be 2 more sessions with extreme volume and a very small spread and then a day of really low volume followed by a downtrend. I will keep a watch and alert. CCI and MACD should provide sufficient info on the timing imho.
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