ok - here we go, the daily chart as of close of business last night @1.8c
Looking much better than for a while, with a weak buy signal.
RSI positive at 60, and rising from below 30, so in buy territory until it passes 70 on way down.
MACD is above signal line ( and crossed above zero)
Money flow trending upwards above zero
The moving averages are all upside down; reflecting the downtrend, hence the weak signal. The 21 day though is now sloping upwards ( a buy signal for some) and may well cross the the 50 in a day or two ( a stronger buy signal) and so it goes. There are some who only treat SP performance as strong ( buy) when the 21 day leads the 50 which leads the 200, rferred to as 3mmm compliance.
anyway good to see the TA's turning following the Limon updates.
GLTA
Wazz
Daily Chart
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Last
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