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

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To: kirby49 who wrote (3481)10/1/2001 11:03:57 PM
From: Davy Crockett  Read Replies (4) of 5144
 
Ahhhh! Free @ last...

Bought this POS on Friday based on the hourly chart which I tried to post on Yahoo... but the Internet has been real flaky today.

edit - NT.to hourly chart... not withstanding the obvious tape painting attempt last week, I bought NT.to based on support @ $7.50, the hourly cross-over of the 5 + 21 day ema & the confirming cross-over of the +DMI over the -DMI.

stockcharts.com[w,a]eicayymy[da][pc5!c21!c50!c200!h.02,.20!i!f][vc60][iut!Ul14!Lc20!La12,26,9!Lh14,3!Lb14!Lg]
as per my posts on Ihub.

Wow!!! What an ugly chart ughh!

NT.to daily chart stockcharts.com[w,a]dicayymy[dc][pc5!c21!c50!c200!h.02,.20!i!f][vc60][iut!ul14!lc20!la12,26,9!lh14,3!lb14!lg]

Positives: 5 day ema crossed over the 21 day ema almost but not quite confirmed by the DMI's. ADX heading south which is suggesting that the prior trend down is losing strength. MACd below zero but the MACd histogram is increasing incrementally. Support @ 7.50.

My stop is just below support.

Negatives: Everthing else.

Regards,
Peter
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