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I'm not exactly asking for a buy/sell recommendation with the following
request. I am more interested in your collective learned technical analysis
opinions, using a particular stock as an example.
After studying the charts, I placed the following onto an EWEB discussion
thread:
+++++++++++++++++++++
"Finally, for now, look at the following technical analysis site, type in
EWEB, and click the upper right little window menu and bring up the MACD....
http://www.equis.com/java/ms4jbig.html
I use the full MetaStock program, and have examined EWEB in about every way
I can, but this little applet's MACD shows extremely clearly what is
**exceedingly** likely to happen to EWEB price (IMHO) --- there basically is
no way in hell that that MACD is not going to break above the zero line, and
soon, and head up for a while. Please look so that you know what I'm talking
about. Based on that there standard MACD **alone** I feel assured that EWEB
has some moving up to do, starting in the coming days."
+++++++++++++++++++++
I'd like to ask any of you folks so inclined to take a look at the above
MACD example, and tell me if it looks to you, as it does to me, that this
particular MACD seems to **shout** that this stock is imminently heading
higher. I view it as about as near a TA certainty as one could ask for.
Is there anything that you would add from a TA standpoint, saying, "Ahhhh,
but my young Nicholas, have you also considered the .....??"
Thanks,
Nicholas
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