
Aug 10th 2009: SMWF, IDOI, CBAI, HTDS,
SMWF: MA 30 days flat trend at least 4 days (30 Days MA break out)
This is a wait signal. Watch your other buy or sell signs for direction.
A flat trend can indicate that the stock in preparing for a correction and it could begin to go down.
MACD upward crossed zero-line 3 days ago and still up (MACD 8-17-9)
As the MACD gets older, the time we have available to hold the trade becomes shorter and shorter. An MACD green arrow that is older than 2 days provides a fairly weak positive signal and still needs to be combined with a stochastics green arrow. This signal is ok in a bullish market environment but is much riskier in a down trending one.
A conservative investor will take action on an MACD green arrow only when it is combined with 150% of the average volume to avoid a 'fake out'.
Stochastics Value downward crossed 75 in 2 days (Stochastics 14-5 breakout)
Strong negative signal when combined with a red arrow on the MACD. Indicates reduced demand for the stock and could precede a flat or down trend in the price pattern.Today's Focused Penny Stocks Alert Include:
Aug 10th 2009: SMWF, IDOI, CBAI, HTDS,
SMWF: MA 30 days flat trend at least 4 days (30 Days MA break out)
This is a wait signal. Watch your other buy or sell signs for direction.
A flat trend can indicate that the stock in preparing for a correction and it could begin to go down.
MACD upward crossed zero-line 3 days ago and still up (MACD 8-17-9)
As the MACD gets older, the time we have available to hold the trade becomes shorter and shorter. An MACD green arrow that is older than 2 days provides a fairly weak positive signal and still needs to be combined with a stochastics green arrow. This signal is ok in a bullish market environment but is much riskier in a down trending one.
A conservative investor will take action on an MACD green arrow only when it is combined with 150% of the average volume to avoid a 'fake out'.
Stochastics Value downward crossed 75 in 2 days (Stochastics 14-5 breakout)
Strong negative signal when combined with a red arrow on the MACD. Indicates reduced demand for the stock and could precede a flat or down trend in the price pattern.
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