GOOG is in oversold condition. Both Bollinger Band and Slow Stochastic indicators showed oversold. The dragon fly candle indicates possible reversal.
Tag Archives: Reversal
GOOG is oversold …
GOOG is in oversold condition. Both Bollinger Band and Slow Stochastic indicators showed oversold. The dragon fly candle indicates possible reversal.
DOW Over 9000
DOW crossed over 9000 yesterday and today. The weekly chart shows it’s right at the prior high in August of 2002.
The daily chart shows a dragon-fly doji today, a reversal pattern.
However, NASDAQ continues to move higher strongly.
Waiting for setup to put money in …