Hi Cush,
I added some more KCA today too! (in the A.M)
Interesting chart on VRK (tse) I'm going to keep a close eye on it.
BTW, I bailed out of KHD (tse) yesterday. Too thin a trader for my liking... besides the chart doesn't look that great anymore. The RSI is starting to turn up, so I might be a little bit premature in my exit BUT, that 200 day MA is a long way away (@ the 1.50 area) & I don't like all those black candles.
stockcharts.com[L,A]DACAYYMY[PB5!B10!B200!D20,2!H.02,.20!F][VC60][IUL14!LC20!LD20!LE12,26,9!LB14]
Another very interesting chart is FN on the TSE
stockcharts.com[L,A]DACAYYMY[PB5!B10!B200!D20,2!H.02,.20!F][VC60][IUL14!LC20!LA12,26,9!LH14,3!LB14]
The ADX just crossed the -D1 to indicate that a nice, strong trend is developing.
Both the RSI & the Slow Stoch are oversold, however, it is my understanding that the Stoch can remain oversold on a strongly trending stock. (Stoch is an oscillator)
As you can see from the P&F chart
stockcharts.com
FN is just about to break through the Bearish resistance line (BRL), the red line(+) trending down from the top @ 35.00. Very bullish if it succeeds on breaking through to the other side. <LOL>
Regards,
Peter |
