breakout people, page-8

  1. 84 Posts.
    ascole,
    how do you read the tech indicators?? The only thing that I can see is that the mas' are moving up a little.
    The macd has not given a signal for about 20 days, and then it was a sell signal as it crossed the ma downwards.
    Since then, the price has gone up about 2%, but the macd still has not given a buy signal (though its starting to turn up now).
    So again, how do you read the ta indicators?

    Mike.

    "a fine is a tax you pay for doing bad..... a tax is a fine you pay for doing good...."


    ascole wrote... "27c resistance level.....once through its off to retest the high. all the technical indicators are swinging positive---macd, ma crossing, etc.... so i would expect to see a swift resumption of the previous uptrend."
 
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