Rich
11-29-2007, 02:27 PM
BA (Boeing)
Looking at the chart at Stockcharts.com. they list a daily and a weekly.
Earlier today the daily seemed to indicate a buy but the weekly indicated not to pull the triger yet.
What is one too do?
Also, I checked the Scottrade advanced chart and used the same parameters and found it saying on the MACD that its a good time to buy.
I held off today because my personal view of the chart is that it will drop down to about $89 sometime soon. My reason is the weekly vs the daily are too far of a spread with a definate buy.
BTW, I was using the MACD, RSI and StochRSI and I realize that I'm not using the best available chart that StockCharts has to offer.
Would someone be kind enough to show me what I am or am not reading correctly and what you think the trigger price for a buy is and why?
Thanks
2186
Looking at the chart at Stockcharts.com. they list a daily and a weekly.
Earlier today the daily seemed to indicate a buy but the weekly indicated not to pull the triger yet.
What is one too do?
Also, I checked the Scottrade advanced chart and used the same parameters and found it saying on the MACD that its a good time to buy.
I held off today because my personal view of the chart is that it will drop down to about $89 sometime soon. My reason is the weekly vs the daily are too far of a spread with a definate buy.
BTW, I was using the MACD, RSI and StochRSI and I realize that I'm not using the best available chart that StockCharts has to offer.
Would someone be kind enough to show me what I am or am not reading correctly and what you think the trigger price for a buy is and why?
Thanks
2186