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| Hey dodgefan1 By looking at the HOM chart we see that we had a dip friday to 1.06 and then a rise back up. The rsi hit 30 and dipped just a little below that area and closed at 30.6 which could mean a nice bounce coming off 30. Williams %r is coming off oversold and entering the -50 area which is a neutral area. Look for this %r to get up over -50 for a confirmation of the uptrend to continue. If you play with the chart a little and change williams %r to ADX you will see the adx line is going up too. Again, might mean a reversal. Are you in this stock? If so what price? Here is the chart: http://tinyurl.com/bxezd |
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| | #3 (permalink) |
| Member Join Date: Jun 2005
Posts: 16
![]() | Thanks for your input Stock Analyzer I've been watching this stock for awhile. I think its really undervalued right now. They have a good future ahead of them IMO. I'm looking for a good entry point on monday. Good call on SSTY. That one looks good to.. Thanks Matt |
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