SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : CCB vs ZEN truth board
ZEN.V 1.070+0.9%9:48 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: NLWest who wrote (11122)8/8/2017 11:31:01 AM
From: helo4 of 12350
 
  • NL, perhaps this chart and the analysis from RBC can shed light on your comment
  • Chart is 6 month, weekly
  • CA;CCB is below its 30 week moving average. This bearish sign is even more significant because the moving average is also trending lower.
  • CA;CCB is trading above its 10 week moving average. While this is normally considered to be a bullish sign, the moving average is downward sloping which means that investors have been liquidating shares during this time period and tempers the bullishness of the signal.









Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext