long term chart, page-181

Hello Saylor,

I'll read your post for what its worth and trust that your comments are not offering a condescending approach to my post.

I did not denegrade your post I presented reasons as to why it was not a trend reversal, that is not a denegration of your post but a different view based on what constitutes a trend reversal.
On the daily chart and weekly there is not one buy signal. MACD is to the negative on the daily weekly and now the monthly charts. Anyone buying on the monthly chart is way behind the game.
All momentum indicators are pointing to the negative. Moving averages on the weekly crossed in march which alluded to a downward trend, nothing has changed since then. On the daily chart which allows quicker decisions the macd crossed on the 09/02 and that commenced the downward cycle.The macd has been below zero ever since that date. The trend has not changed at all since, it has been heading down all the way, with small spikes in between.

Whether you use a small stop or not is irrelevant as to whether it is a trend reversal or not, you can still use stops when a stockk is trending upward to protect your capital and maximise your profits.

As for posting a chart, the system i use will not allow me to copy it and post it on hotcopper.

I hope that helps some to see what the price action is doing or has done.


Cheers