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Re: CGB

Intertainment Media

over 13 years ago

in response to odin1's message

Hey Odin,

Daily chart has posted another lower candle even if it was an up day, so the selling pressure is still there and we are getting closer to being oversold. I'd figure another week to see the indicators there. Keep in mind that this does not imply another week of down days, the Slow Stochastic indicator that I used all the time could continue to go down while the price remains at a certain level. That's the nature of the indicator.

Right now, I'm on the side lines waiting for the trigger to make it move, what or when that will be is the question!

Cheers!