IRE Signals
●MACD just crossed bullish — momentum is shifting to the upside
●Volatility is contracting — like a spring being compressed, breakouts often follow
●Below the 200-day average — the long-term trend is still working against it
●Cash positive / operating cashflow positive
●Low P/S ratio (2.3x)
●Revenue declining (-10%)
●EPS estimates revised upward (+10pts)
●Near 52-week low (7% of range)
OIL Signals
●MACD momentum is picking up steam
●Pressing against the upper Bollinger Band — extended and may need to cool off
●Trading above both moving averages — the trend is your friend here
●Volume surging at 3.6x normal while price falls — heavy selling pressure
●Knocking on the door of resistance — if it punches through, things could get interesting
●On a tear — up 16.3% over the last 5 days
●Volatility is expanding fast — choppy price action, so buckle up
●Below the 200-day average — the long-term trend is still working against it