GXY 0.00% $5.28 galaxy resources limited

Chart, page-5554

  1. 4,819 Posts.
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    Hahah

    I know! Sorry it's an excellent Japanese trading indicator. It gives bullish, bearish, overbought, oversold, buy signal, sell signal, support, resistance all in the one chart.

    Galaxy indicators.PNG

    Look at how the SP interacts with those 3 indicators in the past. The more it does this (especially with the Kumo) the more stable & steady the SP will grow. Look at the distance between the SP & the Kumo in the GXY chart. Even after this correction we are still way overbought.

    Below is an example of stable, steady, bullish SP growth with Ichimoku indicators. This is how our chart should look. The distance between the Kumo & SP are much closer.

    How ich works.PNG
    Last edited by ProCapitalism: 19/01/18
 
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