KYC 0.00% 57.5¢ keycorp limited

Keycorp looking strong, page-15

  1. 392 Posts.
    Can't agree ERG is trending yet (unless you want to convince me you are a daytrader). The 14 day ADX line I use to watch up and down trends is flat. At least +DI is rising and -DI is falling so it could turn into a trend - but it isn't yet. It's also below the downwards trendline I have on my price chart although if it rises a little more it will break the downtrend lines. It broke the steepest trendline last November but if it hadn't the share price would be at minus $1.50 by now. Another favoutite indicator Chainkin A/D is fairly level also. In an uptrend you would expect positive volume to exceed negative volume but at the moment it isn't far from balanced.

    Also remember that a stock exiting a long term downtrend rarely goes straight into an uptrend. In most stocks it levels out for a fair while first. Read Weinsteins book if you want to know a bit more.

    I raised ERG (and the other 2) as a stock that was going to make people rich (according to HC posters that posted nearly as often you do and with a similar amount of conviction) a year ago. Look at them now compared to then!

    That's all from me on this one. No matter how I tried I couldn't post as often as you do! I know we will never agree on KYC but in my opinion it is much better to debate opposing views than have everyone play follow the leader.
 
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