CPC carpenter pacific resources limited

Its all good news Cabela, but looking at the slow stoch...

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    Its all good news Cabela, but looking at the slow stoch chart......Stochastics:
    The Stochastic indicator compares where a security's price closed relative to its price range over a given time period. The Stochastic indicator is displayed as two line. One line is called "%K." A second line, called "%D," is a moving average of %K.

    According to Stephen Achelis, these are the three popular ways to interpret:

    * Buy when the Oscillator (either %K or %D) falls below a specific level (e.g., 20) and then rises above that level. Sell when the Oscillator rises above a specific level (e.g., 80) and then falls below that level.
    * Buy when the %K line rises above the %D line and sell when the %K line falls below the %D line.
    * Look for divergences. For example, where prices are making a series of new highs and the Stochastic Oscillator is failing to surpass its previous highs.

    The k line has fallen below the d line so a little apprehensive for the time being, the other indicators are just steady although the RSI(relative Strengh Indicator) and MACD are weaker......at least the company can put the money towards somethng unlike the previous management who didnt have any direction besides Maari......any more suggestions Cabela?

    Bwana
 
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