Basic Technical Analysis From The Butcher, page-10

  1. 669 Posts.
    lightbulb Created with Sketch. 48
    Im on night shift at the moment so I have had a fair bit of time to play around with the ideas and methods you have described.

    I had a look at PLS, EVN, ELD, AJM, FMG, BHP.

    Some of these look quite strong (BHP, EVN, ELD) and others look weak (PLS, AJM)

    I did find when looking at the likes of KRC, CTM and a few other specs that a 200MA is a bit overkill relative to the usable price history. I ended up playing with relative changes to the longer term MA, in most cases using a 100 day MA.

    My question: Is altering the underlying major MA a reasonable play given that some stocks just dont have 200 days of usable SP history.

    ---------------------------------------------------------------------

    I have mainly looked at stocks I hold (naturally) and a few others i'm interested in. (BOE is one you may like, good stock to trade yourself into a free carry position, currently gearing up for a good run with some news coming to top it off. I dont hold but will in the next day or two.)
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.