Hi Cush,
Thanks for the kind comments.
One of these days I will send you some comments in BOLD or in Italic .
BTW, here is my ( 3 month daily) chart for SVN.
Note that I may be overly optimistic here... but, I am assuming that we are in a trending market.
stockcharts.com[W,A]DACAYYMY[DB][PC5!C21!C200!H.02,.20!F][VC60][IUL14!LC20!LA12,26,9!LH14,3!LB14]
Please note that I am using 5 + 21 day exponential moving average, along with ADX.
ADX +D1 not overbought yet... ADX (black line) is trending well, just about to break 20.
AS per your chart Cush, CMF looks good, Macd trending nicely (just over "0"), Slow Stoc & RSI overbought.
On this chart at least, I am going to stay with the trend, if you look @ the 5 & 21 day exponential moving average they registered a buy signal 3 (maybe 4) days ago...
If you are nimble, one could probably be in & out many, many times, playing the volatility.
The weekly chart looks interesting...
stockcharts.com[W,A]WACAYYMY[DD][PC5!C21!C200!H.02,.20!F][VC60][IUL14!LC20!LA12,26,9!LH14,3!LB14]
My rationale for playing the longer term trend lies in this chart ( 6 month daily),
stockcharts.com[W,A]DACAYYMY[DC][PC5!C21!C200!H.02,.20!F][VC60][IUL14!LC20!LA12,26,9!LH14,3!LB14] the following indicators have captured my interest...
The 5 + 21 day exponential moving average appears to work well with this chart. On August 25 the 5 crossed over the 21 (BUY) & ditto again on the last week of Sept. (SELL) If one played this chart according to this chart, $20+ swings would have worked in the chartist favour... (FWIW) <p>
<<I haven't been posting the KCA chart because I can't read much there. Consolidating & then thrust upwards??? I don't have a clue either... stops are still in.
Regards,
Peter |
