RE:RE:technicalsI am so happy I follow my instincts...and bought when I thought it was the bottom up already 11% in 4 days
not bad for watching a stock and picking it up at the right time
good luck all
Birdsplitter wrote: Chemdog wrote: Event Details for: Momentum
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Tells Me: For bullish events, upward momentum has just built up with the latest price now trading higher than the price 10 bars ago. The opposite is true for bearish events where we're seeing downward momentum now that the price is trading lower than 10 bars ago. Momentum measures the velocity of price changes. For a 10-bar momentum, we take the difference between the last bar's close and the close 10 bars ago and we plot this as a line fluctuating above and below 0 which can be used as buy and sell signals when in agreement with prevailing trend analysis. Momentum is significant because it signals the strength of price trends. A healthy price trend tends to exhibit strong momentum, while weakening trends often have decreasing momentum indicating a trend reversal or correction. More about the event
i said last week we were due for 10-15 straight Green Day's just to begin to make up for the last few months. Timefor the tide to change