GREY:HCIZF - Post by User
Post by
saron Sep 12, 2000 8:01pm
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Post# 2480170
Look at the charts..
Look at the charts..HCI made a fairly predictable move today after a few down days the RSI and Williams %R both showed an oversold position, however it took off out the blocks faster than I had expected. Only one neg candle on the chart intraday and that hit between 1:00 & 2:00.
HCI is not in an overbought position so I expect another up day tomorrow. Fundamentally I suspect we will see another news release soon which would push the stock higher. Without news watch for another overbought situation if the price continues to move up.