daytrade diaries... june 22 part 2, page-30

Sunburntland requested i chart ROC. Here is the daily. As this is daytradign thread, wont bother you with the weekly and monthly, but i have posted in the ROC forum

http://www.hotcopper.com.au/post_single.asp?fid=1&tid=923239&msgid=5140447


Daily:

Here you can see a few speed angles that may play out. To me it was an obvious sell on the blowoff top day when it got near a dollar, stochastic was very high, and it had run hard. Would have been a nice rebuy on the 195EMA. Stochastic has turned, and we could see a return back to 98, or the most bullish scenario short term we could see over $1.1 .