shhhhh!, page-5

thanks Rick64

first my disclaimer .... these are my thoughts only. maybe it won't go the way im interpreting the chart.

ok, looking at the 3 year weekly:

1. Looking at the stochastics, i have aslo shown 2 previous spots where the stochastics have given a buy signal.

2. looking at the MACD, i have also shown 2 previous occasions that have given buy signals. MACD is yet to cross zero so i have used a green line with blue line throught it to represent how we need it to go.

3. while a was putting on the green dots, i noticed some support. So i have just drawn 2 blue horizontal support lines that have held as support.

4. The bollinger band i use is the 10 day one. the share price has moved up from the bottom band and is moving towards / above the 10 day sma (we will find out at the end of the week)

5. Note this is the weekly chart only. current candle is not finished until friday.