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The last white body candlestick (W) is the optimistic side
of the coin.
Relative slope seem to stop the waydown,
the (red) stochk reacted, blue stochd is still waiting(the
good and the bad of smoothing)
Yuki(2,4) gave a clear "buy" one day before, quick as
usual to catch the possible reversal.(the blue bar at D).
We shall see...
Dimitris Tsokakis
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<DIV><FONT face=Arial size=2>In attached you may see the use of trendlines
in</FONT></DIV>
<DIV><FONT face=Arial size=2>price, stochastic and rel. slope
graph.</FONT></DIV>
<DIV><FONT face=Arial size=2>Notice that the resistance line in stochastic and
</FONT></DIV>
<DIV><FONT face=Arial size=2>rel. slope is in divergence with the price
resirtance</FONT></DIV>
<DIV><FONT face=Arial size=2>giving a premature sign that the uptrend is
coming</FONT></DIV>
<DIV><FONT face=Arial size=2>to an end.</FONT></DIV>
<DIV><FONT face=Arial size=2>After break points at A, B very few hopes for the
stock</FONT></DIV>
<DIV><FONT face=Arial size=2>to survive.</FONT></DIV>
<DIV><FONT face=Arial size=2>At C price tried a new high, volume increased, but
</FONT></DIV>
<DIV><FONT face=Arial size=2>Relative Slope had the first disagreement.
Stochastic</FONT></DIV>
<DIV><FONT face=Arial size=2>confirmed at B. At B Relative Slope had left behind
its</FONT></DIV>
<DIV><FONT face=Arial size=2>support anticipating Stochastic
divergence.</FONT></DIV>
<DIV><FONT face=Arial size=2>At C there is an attempt of evening star
formation.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>The last white body candlestick (W) is the
optimistic side</FONT></DIV>
<DIV><FONT face=Arial size=2>of the coin. </FONT></DIV>
<DIV><FONT face=Arial size=2>Relative slope seem to stop the
waydown,</FONT></DIV>
<DIV><FONT face=Arial size=2>the (red) stochk reacted, blue stochd is still
waiting(the</FONT></DIV>
<DIV><FONT face=Arial size=2>good and the bad of smoothing)</FONT></DIV>
<DIV><FONT face=Arial size=2>Yuki(2,4) gave a clear "buy"</FONT><FONT face=Arial
size=2> one day before, quick as</FONT></DIV>
<DIV><FONT face=Arial size=2>usual to catch the possible reversal.(the blue bar
at D).</FONT></DIV>
<DIV><FONT face=Arial size=2>We shall see...</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Dimitris Tsokakis</FONT></DIV></BODY></HTML>
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