A big white candle yesterday was perhaps just one sign that things may start to turn. In a pretty grim chart, yesterday's gain was the first since 22 june. The MACD however crossed north over its signal line on the 2nd of this month, dipped on the 5th, and has headed north again. The first test of strength as it were. It did this 3 times last month and after the third attempt failed, wobbled into oblivion. The 30dma is tracking precisely along the 200dma in a decidedly downward direction. Would like to see that break free and up in the next few days to confirm any positive sentiment. When apg broke down below 4 cents it did so with bigger than usual volume suggesting that 4 cents could be somewhat of a hurdle to cross if any upward move begins. Don't we wish!! jwt on a decidedly soggy day up north
APG Price at posting:
3.0¢ Sentiment: None Disclosure: Held
