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

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To: stoxguru who wrote (878)3/8/2001 9:32:14 AM
From: Cush  Read Replies (2) of 5144
 
<font color=green>BCE Emergis IFM on TSE

stockcharts.com[w,a]daclyimy[dc][pb10!b50!b200!h.02,.20][vc60][iUd20!Ub14!La12,26,9!Lp14,3,3!Lc20]

Hi stoxguru. I don't have a position here.

I follow the stock but not closely.

Both CCI and RSI, at the top of the chart, look encouraging.
Both are rising out of the oversold zone.
That's usually bullish.

MACD is reflecting the recent price recovery.
MACD momentum lines haven't quite crossed, and therefore the MACD histogram hasn't gone positive yet.
A positive histogram would be encouraging but I'd be looking for the momentum lines to begin a clear uptrend before I'd read a lot into this.

Stochastic is beginning a nice uptrend that would support a MACD buy signal if one occurs.

Chaikin Money Flow has what I usually interpret as a bullish (improving) pattern.

Looks like most tech charts right now.
Likely going wherever the Nasdaq goes, IMO.

Cush
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