Thursday, September 17, 2009

Sell NGAS


NGAS had 2 down days. A Hanging Man (blue arrow) developed today. The BB Width is high. The RSI & Chaikin Oscillator declined. The Chaikin Oscillator, which was developed by Marc Chaikin, is a moving average of the accumulation/distribution line. It is created by subtracting a 10 period exponential moving average of the accumulation/distribution line from a 3 period exponential average of it. Take any NGAS profits or cut NGAS losses. DISCLAIMER: OPINIONS EXPRESSED ARE NOT TRADING RECOMMENDATIONS. ONLY THE INDIVIDUAL TRADER HIM OR HERSELF IS RESPONSIBLE FOR ANY MONETARY GAINS OR LOSSES THAT MAY OCCUR. PLEASE CONDUCT YOUR OWN DUE DILIGENCE. MARKET OPINIONS EXPRESSED ARE FOR ENTERTAINMENT PURPOSES ONLY.

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