It all depends on what time frame one is looking at & don't just look at one indicator in isolation. The MACD is probably the slowest indicator around but that works both ways. Once started its hard to stop. I think the Histogram is more important in the early stages of a reversal as that leads the MACD. The Stochastics lead the MACD & Vol is virtually live & leads them all.
The moves play out differently on each time frame but in the end they all usually lead to the same result. It depends on if one was a trader or investor I guess as to which one is more relevant to the individual.
If looking at the monthly then yes we could move sideways for a month or two more yet.
If however one was weekly trading then that chart is only just now showing any positive outlook
The daily is looking more promising & could be just about ready to run.
2022 Charts, page-1394
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3.7¢ |
Change
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Mkt cap ! $53.86M | |||
| Open | High | Low | Value | Volume |
| 3.9¢ | 3.9¢ | 3.7¢ | $45.77K | 1.200M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1412593 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 100000 | 1 |
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