Cash.
Upped my cash position this morning at the open.
Sold positions in KCA, VRK, and BRT.
Virtek VRK.TO
stockcharts.com[W,A]DACLYIMY[DC][PB10!B50!B200!H.02,.20][VC60][IUD20!UB14!LA12,26,9!LP14,3,3!LC20]
Both KCA and VRK had similar chart patterns.
I've added another indicator to my charts.
After looked at that QLT chart last night, I added the CCI indicator. It's showing above the RSI.
The CCI for VRK gave a sell signal.
MACD still looks decent. Histogram positive though fairly flat, and momentum lines trending up though not ready to cross the zero, yet.
Stochastic gave a sell signal when it crossed up near the overbought zone.
CMF has just gone negative but the pattern, trending down as I see it, hasn't been good for several days.
On the other hand-
Burntsand, had a much better pattern but I watched the trading yesterday. Down all day on about 400,000 shares then a rally on 25,000 or so shares to close higher. And it was Yorkton who did a 200,000 share cross. Made me nervous. Decided to get out in spite of the good chart. |
