Hi Ivanovich,Unfortunately and shamely I am not so savy when it...

Hi Ivanovich,

Unfortunately and shamely I am not so savy when it comes to working out financial calculation re: fundamental analysis.

I am very tech and chart based.

I really appreciate any explenations that you can provide me with what those figures are and how you have calculated them :)

I've attached a new chart today...keep in mind my data has a 24 hour delay (not paying for a data subscription)...

Note:
(1)Crossover - Positive
(2)MACD turned into a positive region - Positive
(3)MACD consistent trending up - Positive
(4)Bounce off lows of bollinger band - Positive
(5)Long term resistance hit and holding at 2.4 - Short term (only negative indicator)
(6)Short term risistance at 2.5, next minor resistance before breakout to Long term resistance at 2.7 - Positive

- As we speak price is at 2.34, indicating the down day as expected due to inverse hammer candle and point (5).




...ALL, always DYOR, I am not your financial advisor, nor qualified in any way!

Cheers,
Miike