BGL 2.16% $1.14 bellevue gold limited

looking at some basic TA. Can anyone explain what it means if...

  1. 112 Posts.
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    looking at some basic TA.
    Can anyone explain what it means if MACD is heading under 0.00?
    it is also breaking the lower Bollinger band
    is this a shorterm downtrend indicator?
    looking in the past it seems to indicate some kind of accumulation
    https://hotcopper.com.au/data/attachments/2755/2755808-e7eee6e9f54d8ca382e62295809edc2b.jpg
    Last edited by blakelacey1: 23/12/20
 
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