ibty

[Klipper22]

This is one that I haven't ever watched, but I'm gonna look at it for a few days. MACD has divergence and is now at the moneyline, RSI has a slight uptrend, ADX at 6 and for the first time in quite a while the A/D is trending up for the last several weeks. Not sure if any of this means much to IBTY, but when it has had its little pops, they've been for doubles or more from top to bottom. Again, not sure if it's gonna do anything.
http://stockcharts.com/h-sc/ui?s=IBT...9481&listNum=1

[Idrove]

This came up in my scan and looks to be inching closer and closer to crossing over the money line on the MACD. What are your views on this now Klipper

-d

[Klipper22]

Originally Posted by Idrove

This came up in my scan and looks to be inching closer and closer to crossing over the money line on the MACD. What are your views on this now Klipper

-d

The MACD had been riding 0 for a while, so that's not that impressive to me. I don't see the bollies coming together on a 1 year chart. The one thing that this has going for it, IMO, is the RSI doesn't like going oversold. When I was looking at it in July, it looked like it was trying to form a base, before it plummeted into 000-land. At this level, it's just a gamble. Charts aren't that great, but you just never know what can make a stock at 0002 go boom. Momo play is all that you can hope for now with something spurring a move. Again, that's just my take on it.