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TA Perspective Thursday 21 October; all IMO & DYORWeekly MACD...

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    TA Perspective Thursday 21 October; all IMO & DYOR

    Weekly
    • MACD cross
    • Sitting on top of 100EMA
    • Sitting below Ichimoku cloud, however the lines are approaching a cross

    https://hotcopper.com.au/data/attachments/3710/3710438-5ff72716afb708791e976dd52714064d.jpg

    Daily
    • Sitting on top of the EMAs, including 200EMA
    • EMAs not in the bullish alignment yet
    • EMA cross may potential come soon (50EMA cross 200EMA)
    • MACD positive
    • Ichimoku daily is above the cloud

    https://hotcopper.com.au/data/attachments/3710/3710411-3c67898f2ab8547af6f8b4e025fd78f8.jpg

    4 hourly
    • Gap btwn 18 & 18.5 showing on 15 October - potential to close
    • Ichimoku 4hrly above cloud; a quick retrace and cross would be bullish signhttps://hotcopper.com.au/data/attachments/3710/3710428-20609a1618743e33a874e91a293f3066.jpg
 
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