HCH 1.12% 88.0¢ hot chili limited

HCH Chart, page-1343

  1. 5,671 Posts.
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    I was looking at the HCH chart on the weekend and noticed another bullish signal. The cross-over of the MACD on the monthly chart. I know most people use MACD on the daily, but I find it useful to use on a monthly to confirm the long-term trend direction. Price charts are fractal after all.

    https://hotcopper.com.au/data/attachments/5310/5310555-de54df8c613f727d17b0a6741c9ad208.jpg

    The last bullish crossover was July 2020.

    https://hotcopper.com.au/data/attachments/5310/5310567-6a15ea0c5dae50d63aec581900bdbcc9.jpg

 
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