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Strategies & Market Trends : Underexposed Technical Analysis
AQN 6.480-0.3%3:59 PM EST

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To: Trumptown who wrote (44)3/17/2017 1:44:47 PM
From: Underexposed  Read Replies (1) of 914
 
Yes UTX looks on the threshold to having a bullish breakout.

BTW using Bollies will chart the 20daysma automatically... creating a separate 20 day sma is redundant.

Yes I like simplicity in charts myself... but it is the interpretation of said charts that can be... not so much complicated but ... with simplicity in the chart look, I can and do see many things that are hidden in complex pretty charts.

Yes UTX is a nice pick... I would say that a breakout could happen as early as Tuesday next week. The only mild negative I see is that the MACD has not moved to a positive slope... it is pretty flat at present. For that reason only I would watch the MACD and not purchase it until I see the breakout and a rising MACD.

I will soon talk about Slow Sto, MACD and BBwidth... Then you hopefully see the power of this charting arrangement.
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