Alexander
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Platinum Boarder
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NYSE:BUD - great example of tymoraPRO's StochCCI - 2006/05/11 12:42
The following charts of NYSE:BUD make for some more excellent examples of the new StochCCI (combined Stochastic and CCI) indicator and the Volume-Based 3-point-Break indicator in tymoraPRO. For more information on these new indicators and how they add one more powerful edge to your trading, check out the recent tymoraPRO updates page at:
http://www.yourika.com/tymupdates.html
Notice how the indicators not only correctly identified BUD's continued underlying trend, but they also turned negative very close to the top of the move. Notice how price briefly traded above the top low-volatility thin green level of the point-break indicator, then broke below it. Today, the day after these charts were saved, BUD is in fact trading back around $46/share.
Alexander
Post edited by: Alexander, at: 2006/05/11 12:47
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