Strong Downtrend
posted on
Feb 19, 2010 10:21AM
BUT, if you look at the 2 year chart, which covers the IP settlement period of time, you will see SHARP Upticks off the lows when news hits. E DIGITAL CORP (NASDAQ:EDIG) |
Strong Downtrend ![]() |
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Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
Based on a pre-defined weighted trend formula for chart analysis, EDIG scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
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