GREY:FNKLF - Post by User
Post by
threecpxon Mar 14, 2007 2:39am
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Post# 12414080
Confirm sell signal on tomorrow''s close?
Confirm sell signal on tomorrow''s close?Preliminary signal generated to day whent the 2d sma crossed the 4d ema and both are curling to the downside.
MACD and Stochastic may give a confirm sell signal if price decline similar amount tomorrow.
If this turn out to be a normal retracement within an on going up-trend price can decline to below $1 buit must stay above 95 centavos by EW count.
Buyers should wait until the 2d sma and 4 ema cross-over and curls to the up-side for an early buy signal.
This down-dfat could get uglier that one think or as most think on this board.
2 cents