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Technical Analysis - CVT, page-20

  1. 1,502 Posts.
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    Wait for it, wait for it ....... the slow stochastic signal line is just about to cross positive - give it 1 or 2 days - the more forceful with vol the better of course. Then stage two will be the MACD crossing positively, mid week'ish - once again strongly. Last week the SP touched on the lower Bolly Band and has since tracked sideways ~36.5c for over a week - drawing back the string of the bow, as it were.

    All that's needed to kick off proceedings to regain and surpass recent highs is just a modest (strong would be better) move up in SP over the next few days. Then again, that might currently be a big ask ....... but if it does unfold then
    Last edited by chillam: 14/03/16
 
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