This is an example of the forecaster from metastock in action so bear that in mind. It does take a bit of getting used to.
This gapped up this morning so should be long already
Forgot the name of this technique..bugging me..
This is from this weeks share tips
dl.dropboxusercontent.com/u/4899609/ptec25thnov.png
Forecaster for RSI
dl.dropboxusercontent.com/u/4899609/Scre...11-25%2009.17.07.png
The forecaster is saying that there is a good chance that this will rise in the next 30 days by about 2.5%.The chances are about 60-70%.Further along there is a possibility of a 10% move.This is all based on the RSI oversold trigger..Dont ask me how the forecaster works as i have no idea
dl.dropboxusercontent.com/u/4899609/Scre...11-25%2009.33.28.png
Forecaster for 200ma
dl.dropboxusercontent.com/u/4899609/Scre...11-25%2009.40.09.png
The 200ma forecaster is saying that this has a good chance of moving over 10%
map
dl.dropboxusercontent.com/u/4899609/Scre...11-25%2009.41.54.png
so basically different signals are used for the forecaster.
Ive got no idea how well this works so take with a pinch of salt .