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

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To: Tom McIlwain who wrote (1815)4/3/2001 11:40:04 PM
From: Davy Crockett  Read Replies (3) of 5144
 
Hi Tom,

CAE on the TSE

Looks real nice on the PnF chart.... very, nice uptrend
stockcharts.com

I won't comment on any patterns 'cause I'm still trying to decipher them... maybe some of the pattern guys on the thread may care to comment (Shack, Shaw, BoB)
stockcharts.com[w,a]dicayymy[dc][pc5!c21!c50!c200!h.02,.20!f][vc60][iut!Ul14!Lc20!La12,26,9!Lh14,3!Lb14]
Positives: Hey a stock trading over its 200, 50, 21 day ema!!!! Can't remember the last time I saw that! Macd appears to be poised to cross over (I would wait thought until it actually does), Ditto for the +D1 (inverse -D1), not sure how to read the ADX other then it is flatlined & turning down below 20 (trend ready to reverse or watch Slo Stoc for buy/sell signal...entering a trendless market).

Negatives: CMF declining, RSI lower low turned down, nasty looking candle

Regards,
Peter
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