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Elliottician and TA Thread

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newts - Fri, 16 Dec 05 :

Hi Biswell >>>

Good to see you using lots of TA indicators. Interesting that it has bounced off of the lower bollinger band twice in the last few weeks. Now down below the 20 day moving average and in danger of falling through the lower band. Needs to bounce up off this band again and go above the 20 day moving average to start to become +ve. Stochastics actually started to creep up out of the 'oversold' level yesterday. Not downloaded today's data yet so possibly gone back down again given today's price action.


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