digital filter look & the 7th occurrence

Hi friends,

With POH in a trading halt, let's have a digital filter look at POH.

Now, most of us know that digital filters help us to focus at a target visually, as in a camera. Likewise, in the field of technical analysis, we can use digital filters to look at stock prices. For example, a very rudimentary and lagging filter would be the common moving average. But in our case today, we would like to go beyond that, and use a laggless set of digital filters sometimes used in micro trading high frequency financial instruments eg forex, so that we can get a PAST historical perspective, and then have a look at the exact situation just prior to the trading halt.

We have the following chart, with my comments:

Within the past one year, we have had 6th occurrences of the trending cross as defined on the chart, and we just have had the 7th occurrence just before the trading halt. Each time when this trending cross occur, prices rallied thereafter when the market continued to operate. The question is: Will there be any fundamental matters that will affect POH and how will this impact on the trending cross that has just been sighted in POH? Will this 7th occurrence continue as in the past 6 occurrences?

Good luck everyone!

More power to POH!

dascore