Hi KastelCo,
hehehe... 'K swimming against the tide, I wonder how long they hold out LOL
Ya I'm forever the optimist...if there was only a ounce of water left in an empty glass, I would pour it into a shot glass & declare that the glass is half-full not half-empty. <ggg>
Hey did u get a chance to check out the action on MCL on the NYSE? Somebody did 3 crosses around 11:30am.
hourly chart MCL on the NYSE (mcl.to)
stockcharts.com[w,a]eicayymy[d5][pc4!c9!c18!c200!h.02,.20!c50!f][vc60][iut!Ul14!Lc20!La12,26,9!Lh14,3!Lb14]
Note that a "buy" signal was generated a couple on Mar 30 around 11:00am when the four crossed both the 9 & 18 eam, also note the cross-over of the +D1 over the -D1 @ the same time. IMHO the buy has not yet turned into a sell. Especially considering how well it held up today.
Daily chart MCL.to
stockcharts.com[w,a]dicayymy[dc][pc5!c21!c50!c200!h.02,.20!f][vc60][iut!Ul14!Lc20!La12,26,9!Lh14,3!Lb14]
On this chart a 'buy' signal occured today, when the 5 day ema crossed over the 21 day ema, also note the SAR & the +D1 crossed over the -D1. CMF has just turned positive & finally Macd supports the other indicators (histogram is positive) & just below 0. In this market I will wait to see if does cross above 0. I will also wait to see if the ADX confirms the other indicators. It would have to do that by thrusting up through 20 (thereby indicating a new up trend is underway)
Negatives: Low volume
If anybody wants to educate me about patterns or trendlines I'm listening.
All the above IMHO & of course BWTFDIK
I was very tempted to buy it today... but I thought that caution might be prudent LOL
Regards,
Peter |
