Comments on: Support Homework http://stockcommentary.com/support-homework.html Stock Market Education Fri, 21 Dec 2007 07:54:49 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Tony Oz http://stockcommentary.com/support-homework.html/comment-page-1#comment-64 Tony Oz Thu, 27 Sep 2007 23:16:00 +0000 http://stockcommentary.com/support-homework.html#comment-64 A technical bounce can take place as RSI at 14 and showing oversold condition. Please note the weakness this stock present as it closed below the open 13 out of the last 14 days with not once closing at the top 15% of the trading range with a stretch of 11 days in a row it closed below the open. There is serious selling pressure there, but a rally can take place. I realize that the trade setup you had was stopped out, but I first commented on the chart before I looked at your number for a stop. A technical bounce can take place as RSI at 14 and showing oversold condition. Please note the weakness this stock present as it closed below the open 13 out of the last 14 days with not once closing at the top 15% of the trading range with a stretch of 11 days in a row it closed below the open. There is serious selling pressure there, but a rally can take place.

I realize that the trade setup you had was stopped out, but I first commented on the chart before I looked at your number for a stop.

]]> By: mark http://stockcommentary.com/support-homework.html/comment-page-1#comment-49 mark Thu, 27 Sep 2007 17:47:08 +0000 http://stockcommentary.com/support-homework.html#comment-49 I need improvement on my displays! I need improvement on my displays!

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