PRX 16.7% 0.3¢ prodigy gold nl

Hi burger1,you are right that the macd has crossed.remember...

  1. 6,900 Posts.
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    Hi burger1,

    you are right that the macd has crossed.

    remember though that whilst it is negative territory it isnt necessarily seen as bullish.

    With the high on friday this was the 1st higher high its had in a while.

    At the moment the trend is down and it is tough to fight against it.

    Am watching for next position but will await better confirmation.

    Needs to break the falling trend line.

    Cheers
 
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