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$STBV Let's do a quick recap of those indicators.5

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Post# of 27086
Posted On: 09/22/2013 3:56:35 PM
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Posted By: Pecanzington
$STBV Let's do a quick recap of those indicators.5 period RSI recently crossed above the 14 period RSI, creating a buy signal.RSI has seen higher lows as the price per share has seen lower lows. This is bullish divergence.The RSI is about to enter the "sweet spot" or "buy zone" between 50 and 70.The price per share is on the verge of a 13 day exponential moving average break: one of the stronger short term momentum indicators.The Chaikin Money Flow is showing a very bullish amount of accumulation.Bollinger bands are finally starting to curl back in towards each other, showing that volatility could be coming.Accum/Dist and On Balance Volume indicators are spiked up in agreement, showing relevant accumulation of STBV shares.ADX is showing that the prior bearish trend is no longer relevant and the bullish trend is forming.MACD and TRIX short-term momentum indicators are starting to look quite bullish with solid cross overs.While coming off of 52-week lows, this is a great candidate for a bounce in our opinion.


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