Cool is this a fair analysis. I know you are bet
Post# of 39368
Cool is this a fair analysis. I know you are better at this stuff than most. I am trying this service out and would like to see if I should continue it.
TREATY ENERGY (NASDAQ:TECO) Downtrend Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.
Based on a pre-defined weighted trend formula for chart analysis, TECO scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
-10 | Last Hour Close Below 5 hour Moving Average | ||
+15 | New 3 Day High on Wednesday | ||
-20 | Last Price Below 20 Day Moving Average | ||
-25 | New 3 Week Low, August 17th | ||
-30 | New 3 Month Low on October 4 | ||