turning point, page-9

Sankhara,

I respond with interest as to why you think MAE is a fantastic looking chart...

From where i am viewing it, it is still trading below the moving average, the macd is still well into the negative, the momentum indicators are sluggish, the SAR is still to the negative and its still trading in a downward channel which it needs to break out of before its going anywhere....

And thats only on the daily chart.... You certainly wouldnt contemplate a buy on the weekly chart cause that is a total mess.

It may be going to turn around, but at the moment i am viewing the indicators slightly different to you.


cheers