RCR 7.41% 14.5¢ rincon resources limited

RCR chart, page-57

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    https://hotcopper.com.au/data/attachments/6268/6268435-f90878a775be6c2c764a37a39e8241f9.jpg
    https://hotcopper.com.au/data/attachments/6268/6268436-912acd21a7f8cd9204ee5106bfda157e.jpg
    https://hotcopper.com.au/data/attachments/6268/6268437-c32e8d6902c1d37fe717c408cff95849.jpg

    if MACD cross above 0 line (confirmation) and price break above the last trendline
    you can always adjust the trendline so that it hasn't break the trandline just like you did before MACD cross the 0 line.

    the trendline on your first chart looks more accurate to me, and it has already broke that trendline today but no MACD confirmation
    so false breakout? maybe.


 
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