chuckeasley |
Gold User, Member, TeleChart
|
Registered User |
|
|
|
|
Unsure |
|
Tuesday, July 12, 2005 |
Friday, July 11, 2008 11:05:55 AM |
1 [0.00% of all post / 0.00 posts per day] |
|
QUOTE (Gurus1Son) Please comment on RHEO (Occulogix). Good MS, TSV, and BOP. Bought at about 9, gapped up and consolidated at 12, then....dropped 65% down to 4 today. OUCH! How does one avoid such wild swings in a stock that looked like it had great potential. I certainly didn't see any signs of weakness here. What happened?
In hindsight, here's what I see with my indicators:
Caution: I am not an expert!
1/13/06 Price up 45.80% this week.
1/17/06 RSI (14) entering overbought territory and price dropped 3.71%.
1/26/06 The 7 day simple moving average is beginning to flatten out.
1/27/06 Price dropped 4.66% on higher volume. 1/27/06 ADX (14) is beginning to show an end to the trend.
1/31/06 MACD (10,20,10) crossed the zero line down. 1/31/06 BOP was beginning to decline. 1/31/06 TSV (14) in a decline.
Chuck
|
|