<font color=green>Infowave IW on TSE
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Had a PM requesting a look at the Infowave chart.
I have a large position here, so I've been watching it.
I've posted on my site, my analysis chart from last night.
I do these for all of my own stocks and put notes on them so that I can quickly review what I saw.
In addition, I posted an Infowave chart last week,
Message 15684856
Here's the StockCharts.com chart today-
stockcharts.com[w,a]daclyimy[dc][pb10!b50!b200!h.02,.20][vc60][iUd20!Ub14!Ll14!La12,26,9!Lp14,3,3!Lc20]
As you can see, it looks like the +DI line has crossed the -DI
which would be bullish, if it holds.
The Stochastic continues to rise but it's getting high and approaching the overbought zone.
What I'm hoping for, and watching for, is the ADX to turn into a rising pattern.
That would indicate a trending period, and in this case the MACD is rising.
That would be bullish.
We'll see.
Cush |
