CWE carnegie wave energy limited

You know what I didn't even give today's movement a second...

  1. 1,388 Posts.
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    You know what I didn't even give today's movement a second thought until I had a look at the chart. ANd to be honest, I've not had a massive shift in opinion, haha. However I am watchful now. Today's trading has cross above the 10 day SMA and whilst not really a big deal in itself watch for a break above the 20 day SMA as this will indicate a more positive mood and more trading in the upward areas. If there is nothing above the 20SmA tomorrow or the next day then we'll probably stay where we are for a awhile with the green candle 4 days ago outside the bolli bands possible setting a support zone. Summary? It looks interesting, but sadly it will only be interesting based on tomorrow or the next day. image.jpg
    Last edited by madbutcher: 31/03/15
 
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