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11-29-2007, 02:27 PM
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valued contributor
 
Join Date: Oct 2006
Location: Sandusky, Ohio (Cedar Point)
Posts: 894
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Chart School Question please
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 Last edited by Thierry Martin; 11-29-2007 at 07:05 PM. Reason: added inline chart |
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