CLS on the TSE
I bought this today --for how long...I have no idea
Message 15547709
On the daily chart:
stockcharts.com[w,a]dicayymy[dc][pc5!c21!c50!c200!h.02,.20!f][vc60][iut!ul14!lc20!la12,26,9!lh14,3!lb14]
Postives: White candle formed today, after hitting a low yesterday, RSI oversold & just dipped in & out below 30 now heading North (u might need a magnifying glass to see it however) LOL
Negatives: the entire chart <g> ADX still indicating a very strong downtrend, like most tech charts (very ugly)
Hourly chart:
stockcharts.com[w,a]eicayymy[d5][pc5!c21!c50!c200!h.02,.20!f][vc60][iut!Ul14!Lc20!La12,26,9!Lh14,3!Lb14]
Positives: Buy signal generated when the 4ema crossed over the 9ema & was confirmed by the Macd histogram @1:00pm. A more cautious trader may have waited for the confirmation buy signal which occurred @ 3:00 when the 4 ema finally crossed over the 18ema. RSI moving north from 30 & ditto for the slo stoc.
Just looking for the proverbial bounce... (Of course their is a huge risk holding any of these stocks overnight)
All the above "analysis" just my humble opinion.
Do your own D.D.
Regards,
Peter |
