Sorry All, not the chart thread, replying to Superman post,
Evening Superman,
I've worked it out why your chart always looks different to mine.
Your 200 is not and ema, it is a sma. Each to their own and what works for you, ema's are baised toward the last trading days, so in this case sits at 1.20. Sma are slow hence your 1.10. Or as another example, why most (inc me) use 8or9 ema with a 20sma, it shows when a SP is moving.
As for HCH and it's SP movements, it's hanging on just to 1.27 (1.26 yesterday), if it does correct down to 1.20 or 1.10, I feel that it is more macro and not CE. There is a lot of headwinds in the market place and I feel HCH has held up very well. AIMO.
HCH RSI is now running along it historic level, maybe drop, but lets just see what happens next week.
Candles are testing the bottom end of the BBs, again need to bounce off of this before it breaks.
If it does drop, so be it, we ALL know how good the FA is on this stock, so I'll just buy more, DCA. Also updated MRE is before xmas.
Have a good weekend all.
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