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All the indicators used are based off sp info stretched out over...

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    All the indicators used are based off sp info stretched out over 14 days.

    The trick is to know when they are true and when they are a false positive/negative.

    Because the 150,200 smas have crossed and are above the current share price but the 20 day sma is below it. I interpret it as a false negative situation.

    As seen by the indicators, they are showing the stock is overbought.

    But in reality they are "overbought" from fighting against the 150,200 sma- this is confirmed by the MACD being highly negative pre-cross, but now hugging MACD post-cross. And the final sign is the bollinger bands tightening with the sp pushing the top band.

    MFI, MACD fast stochastics. Bollinger bands. You need to look into all of these basic indicators.

    definately DYOR
    Last edited by Archieus: 20/01/20
 
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