due for a bounce, page-10

do you sit in front of your computer screen all day? Have a look at the stoch (technically tide is turning) as is MACD. Biggest signal is the inverted hammer today, RSI, MACD showing bullish divergence, STOCH - not so on daily, but weekly is for sure. Shorts are beginning to cover their positions. An inverted hammer is normally followed by a big white candle, with strong volume. Both weekly/daily have an inverted hammer...expecting a trend reversal next week. That's my thinking...good time to buy as gself mentioned.