lol megimite ...
Its never "I told you so" egoists ..when its the simple READING OF TA SOFTWARE that's responsible for the prophecy ..
as "It has been a long time in the MACD TA decline"
( I admit I was personally wrong by stating the decline was on reduced volumes, as it suggested, it would pull up the retrace momentum...doh !) It really does require the confirmation of the momentum oscillators..as it eventuated..
here's a few more charts(a little more cluttered than CK's concise MACD summary)
They show the Andrews Pitchfork Channels in a medium time frame
with a close up of the Andrews covergence points...
and a template of momentum oscillators
chart, page-19
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Last
32.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $465.4M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.0¢ | 31.8¢ | $845.3K | 2.621M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 140318 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 14222 | 1 |
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| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| IMM (ASX) Chart |