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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad

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To: Cush who started this subject11/20/2000 8:20:27 PM
From: Cush  Read Replies (1) of 5144
 
Methanex MX on TSE
stockcharts.com[W,A]DACLYIMY[DC][PB10!B50!B200!H.02,.20][VC60][IUB14!LA12,26,9!LP14,3,3!LC20]

I'm looking at a possible entry here tomorrow.

What do I like about this chart?

The 10 day MA has just crossed over the 50 day MA.
I consider this a very positive buy signal, in some cases.

MACD histogram is positive, and the momentum lines are not only positive but have just crossed the zero line.
I consider this a very positive buy signal, in some cases.

Chaikin MOney Flow supports the MACD buy signal.

However,
the Stochastic is in the overbought zone, so caution is in order.
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