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From: | Phaedrus <Phaedrus@techemail.com> |
Date: | Wed, 29 Aug 2001 18:41:23 -0700 (PDT) |
Mat, CEN is currently in a short and medium-term uptrend. Technically, buying at current levels would be considered a high risk proposition. This is because the Stochastic Oscillator (shown in the upper plot) is greater than 80 and is thus in the OverBought zone. Low risk entry points are when the Stochastic Oscillator is in the OverSold zone (less than 20), and has just climbed above its moving average trigger line (red). The two buy points on this plot meeting these criteria are marked with green arrows. Right now, CEN is a Hold, not a Buy. Short-term traders would be getting ready to sell. Regards, Phaedrus. _____________________________________________________________ Are you a Techie? Get Your Free Tech Email Address Now! Visit http://www.TechEmail.com
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