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Novogen - Dosages and comments, page-3

  1. 92 Posts.
    Munch,

    Just been reading this on ozestock......I do'n't understand charts, so what do u think of this post from sidioy.....
    Anyway, I would appreciate some feedback as to whether I'm reading these correctly.

    The MACD has crossed above the zero line for the first time in nearly 6 months but is a much stronger breakthrough than previously. This is bullish isn't it?

    Secondly my charts and my interpretation says that we have resistance around the $2.20 mark.

    Lastly the relative strength index: the last time it showed this high was when it was trading around the $3.00 mark.

    In conclusion...if all these indicators maintained their stance we would not see the price much below $2.20 or above $3.00 in the short term.

    Please don't ask me how I've come to these conclusions, It's just my interpretation
 
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