RDF 0.00% 95.8¢ redflex holdings limited

returnees, page-27

  1. 5,800 Posts.
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    re: bullish - huntley Hi Jermaynew :)

    I think we must be looking at different charts :)

    Mine shows the MACD Histogram as being a definite cross up above the zero line after two higher lows below it. Also, the MACD itself crossed up above its signal line yesterday on my chart.
    Mine is in AmiBroker, using the default 12,26,9 values for the MACD chart - maybe that's the difference?

    Also on my chart, the slow Stochastic crossed upwards yesterday, and the Parabolic SAR reversed to an uptrend 4 days ago.

    I agree the volume is still on the low side, but if it keeps on sneaking up like it seems to be doing, I'm more than happy. As i said before, I've been holding since 1.04, so any upward movement at all is good news, while I can still tolerate the odd retracement... ;)

    Will be watching closely after the Dow down again last night.
 
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