timwest
Long

REPUBLISHING RDC DAILY - TRADING THE TREND CHART

NYSE:RDC   ROWAN COMPANIES PLC
144 2 4
EDUCATIONAL - HOW TO TRADE THE TREND USING RANGE MOVEMENT -

RDC             has trended nicely and now the trend has turned UP for the first time in awhile using the proprietary "range movement" indicator. Now we want to buy after it is oversold. I may use a little judgement and get in ahead of a deeply oversold level for the reason that this stock has been in a downtrend for a long time now and it could be ready for a more sustained rally phase that would involve NOT getting oversold. Again, this is just a judgement call and it is not systematic.

Since RDC         &nbs