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Skullcandy, Inc. Message Board

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  • onepoint272 onepoint272 Jan 5, 2013 12:21 AM Flag

    Jan 4 Landscape

    If SKUL can get a decent bounce started, there will be bullish divergences in the lagging indicators. For example the Full Stoch (14,3,3) on the daily is not putting in a lower low and neither is my price oscillator. Likewise on the weekly. The Stoch has been bottomed out for 2 months but it is discernibly higher despite the lower low of price....bullish divergence. The better divergence visibility is on the momentum indicators though. The weekly MACD is as low as it has ever been but the histogram is showing bullish divergence.....just need a bounce to get started and the dumb-money shorts will eyeball these and bail.

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