Monday, September 03, 2007

NCI Building Systems (NCI)

I have been working hard all weekend and finally have been able to code up a working scan for charts that are nearing the 13th day buy signal of a TD Sequential countdown.
The chart above is NCS. They specialize in metal supply for non-res construction. (Not quite a hot sector in today's market) I'm not going to buy it but I just wanted to identify the signal before tomorrow's earnings announcement and see if the technicals trump fundamentals (in the short term) like so many technicians like to say.

Notice that the buy signal was perfected.

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