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Buy signal SMH


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#1 fluid

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Posted 20 April 2013 - 05:01 AM

Short term then we see. Remain BULLISH for now, no breakown confirmation in price. INTERNALS LEAD EXTERNALS DONT FORGET. stopa 15 poins., smaller bet size.

#2 tomterrific14

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Posted 21 April 2013 - 10:15 PM

Short term then we see.

Remain BULLISH for now, no breakown confirmation in price.

INTERNALS LEAD EXTERNALS DONT FORGET.

stopa 15 poins., smaller bet size.


http://stockcharts.c...lery.html?s=smh

Internals are weakening as measured by PPO and declining 50DMA.

Though recent April improvement relative to the SPX, still is below 50DMA and 200DMA, which both are declining.

http://stockcharts.c.......?s=smh:$SPX