CMY 0.00% 0.5¢ capital mining limited

Chart, page-8

  1. 13,993 Posts.
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    Hi @Smokedog...cool name!..Yeah its often the case that TA  trend signals occur a couple of days before a change in the FA (I wasnt aware of an upcomming announcement here)  .what I mean by "theres not many signals like these in the current market".is that this is a short term trend signal with long term trend confirmation as shown by the 2 MACD indicators at the bottom of the chart..the weekly one has been trending up strongly for months without compromise..when this happens the daily MACD crossover signals are very reliable..most spec stocks have been hammerd recently and as a result the long term trends have been compromised also..but theres still a few going strong like CMY..AGY is one also... compare the two below. CMYbuy.GIF AGY buy.GIF
    Last edited by W3hunter: 19/05/17
 
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