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AJM Chart, page-3403

  1. ElonMusk16
    2,060 Posts.
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    05/05/18
    13:04
    Post #: 32904352
    AUD chart:
    Bollinger Bands - Price below 20 day moving average but narrowing bands provides potential for move up rather than down, given RSI below, also chart shows we moved upwards on previous conditions.
    RSI - Weak part of the support zone but holding at that level since mid April.
    MACD - No clear signal but below zero so on the bearish side but possible move up based on prior crosses.

    Friday US market close strong on back of lower inflationary concerns but lots of geopolitical issues next two weeks likely to support volatility. Hopefully get some AJM news to feed the move upwards too.
    AJM.jpeg
    Last edited by ElonMusk16: 05/05/18
    AJM Price at posting: 36.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 13  Upvote
    lightbulb Created with Sketch.  Great analysis
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