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In MSCD, %K (Yellow) computed as +123.41 (+27.31), %D (Red) +40.13 (+18.69) and the Histogram +67.38 (+3.97).
Technical Analysis
After today’s trade, both indicators edged slightly up and the Histogram printed yet another longer bar in the positive zone.
Market enthusiasm receded slightly in mild profit taking, today, but support remained strong as total volume increased to near 2 billion shares. Sentiment should be sustainable as investors are doing treasure-hunting for laggards across the board. As mentioned before, low-liners would take the center stage.
(Note: Explanation for Intra-Day MSO and MSCD are archived under "Labels" at the lower portion of the sidebar.)
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