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Jeff Pierce
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I’m a swing trader of momentum stocks with a holding period of anywhere from a few hours to a few months. I run a number of screens to locate the strongest/weakest stocks out there, using technical analysis to determine my entries and exits. Trying to calculate the intrinsic value of stocks in... More
My company:
tradewithZEN
My blog:
zentrader.ca
  • Look At This Stock - DEPO 0 comments
    Jan 20, 2014 11:16 AM | about stocks: DEPO

    By Jeff Pierce

    Using the RSI as a measure of how bullish this stock has become and going buy the metrics of 80-40 as the range that a stock oscillates when it's in a bullish trend you could say that DEPO is really overbought. The opportunity to trade this stock will be in the pullback as the RSI trades back between 40-50, which should be somewhere in the $10's. Watch that level for a bounce.

    (click to enlarge)

    twz next.

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    Themes: Momentum stocks Stocks: DEPO
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