Looking at the charts, the stock moves rapidly up when it starts to approach its lower Bollinger band. This has happened a few times in the last year.
from : http://finance.yahoo.com/q/ta?s=NYX&t=1y&l=on&z=m&q=l&p=m50,m200,b&a=&c=
Wednesday, February 28, 2007
Another good time to buy NYX
NYX dropped precipitously after the market drop on Tuesday, February 28, 2007. The DOW dropped nearly 500 points at the lowest part of the day mostly due to concerns of a slowing economy in China and also some economic concerns in the US. The day was also marked by a sudden 200 point caused by a delay in the Dow Jones calculations that was corrected abruptly. This was a problem with the Dow Jones calculation of the DJIA and not a problem with the New York Stock Exchange. The stock is down sharply to 84 after rising to a level of 95 in the last week. The stock should correct back towards the low 90s in the next couple of weeks. No other significant news has been present.
Looking at the charts, the stock moves rapidly up when it starts to approach its lower Bollinger band. This has happened a few times in the last year.
from : http://finance.yahoo.com/q/ta?s=NYX&t=1y&l=on&z=m&q=l&p=m50,m200,b&a=&c=
Looking at the charts, the stock moves rapidly up when it starts to approach its lower Bollinger band. This has happened a few times in the last year.
from : http://finance.yahoo.com/q/ta?s=NYX&t=1y&l=on&z=m&q=l&p=m50,m200,b&a=&c=
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