Charts, page-2587

Morning folks.

Newbie to charting but enjoy the challenges it presents.
I'm involved in all three types of investing:

1. Long Term
2. Swing Trading
3. Day Trading

I chart mainly using ema's as I find it hones one's skills in providing fairly accurate entry & exit strategies. (Essential for day & swing trading but handy for long termers to have in their tool box for topping up along the way.)

The Linear Regression chart below clearly outlines entry & exits points for this stock over the past 3 weeks.

• 8ema crosses the 20 on the 1st July confirming an entry

While the SP doesn't hit the top bar, the drop in the SP to kiss the 8ema around the 3rd July could indicate weakness and an exit. (The exit was ultimately confirmed late on the 5th July when the 8ema dropped below the 20ema.)

• 8ema again crosses the 20 on the 14th July confirming an entry

SP hits the top bar of the chart on 15th indicating an exit.

• 8ema crosses the 20 for the third time on 22nd July confirming re-entry

SP hits the top bar of the chart again on 23rd indicating an exit.

Well there certainly were great opportunities for all concerned during this period.
While I don't predict future pricing, I still believe there is a lot left in this tank.