AEX 0.00% 1.1¢ acclaim exploration nl

Blokes,For DMI followers, the ADX (14) looks a little...

  1. 338 Posts.
    Blokes,
    For DMI followers, the ADX (14) looks a little overcooked. But that's not to say that this will contain the price - it is just signalling its a little overbought.
    Twiggs Money Flow keeps coming back to test zero (will happen once again tomorrow). There has been a small trendline on the Twiggs that has developed. Respecting this, should mean a neutral if not up-day tomorrow.
    MACD would look better if we had an up-day tomorrow.
    Stochastics is showing much strength - from a zero reading on the last dip (extreme oversold), it is now pushing out of a higher low suggesting higher prices tomorrow.
    Test today on low volume also signals that we are ready to move on.

    Prediction - close > 5.2c will occur no later than Wednesday.
 
watchlist Created with Sketch. Add AEX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.