Posted by: tyrannyoflogic May 5, 2011
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@riten yeah it is risky , it is an otc stock but if you are investing in stocks you are at risk anyways ........ with that being said look the FMCC chart, if it holds 0.50 then its headed towards the RSI 70 line if it breaks that then theres significant upside to it imo and the MACD is curling upwards too ...they jst posted quarterlies stating some 500 mill in profits ...compare that to some billions in losses from before ....... but they also said that upcoming quarterlies might not be good.......(i didnt get what u said abt capital gains not covering profits ........whats that abt ...)
As for AAPL, the charts dont look that good to me ...MACD curling downwards , its moving downwards on RSI abt to hit the 50 line and the sell volume on it .....i would wait for it to drop a little more cuz its jst trading sideways right now ....or they might annouce an iphone 5 who knows ....then i would buy it
these are jst technical aspects of it though ....jst my takes on it
but yeah its been really after a while that i have seen a productive thread on sajha
cheers
As for AAPL, the charts dont look that good to me ...MACD curling downwards , its moving downwards on RSI abt to hit the 50 line and the sell volume on it .....i would wait for it to drop a little more cuz its jst trading sideways right now ....or they might annouce an iphone 5 who knows ....then i would buy it
these are jst technical aspects of it though ....jst my takes on it
but yeah its been really after a while that i have seen a productive thread on sajha
cheers