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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad -- Ignore unavailable to you. Want to Upgrade?


To: Davy Crockett who wrote (1950)4/9/2001 9:25:16 AM
From: Cush  Read Replies (1) | Respond to of 5144
 
Hi Peter. That Moore Corp (MCL on TSE) chart daily chart does look good.

As you say, the MACD is positive and rising, with the momentum lines just crossing the zero line.
The MA's do seem to be uptrending.
I can't quite tell which ones have crossed. You've got a few MA's on that chart. <gg>

Stochastic seems a bit undecided though.

On the weekly, as you say, it looks like the MACD is about to turn down, or at least run flat.
That might be a concern.

IMO, you are right to think ahead to about the $7.50 area.
That will likely be decision time.

Cush