Yeh noticed that :] but brushed it off due to that price gap.
Looking at this daily chart and holding that up line and with the MACD above zero (although made a negative divergence) wouldn't be selling but holding
and with the weekly MACD here about to hit zero (bearish)/breaks zero (bullish) so in this case due to the daily chart looking bullish. Last time this happened was *just* before consolidation (circled).
The monthly SS has crossed again so basically everything is *ready* again so again definitely not a time to be selling but holding and the first sign of trouble would be that up line failing, second that main down trend line also failing then lastly daily MACD falling below zero which by this time that weekly MACD would have bounced from zero too so gone bearish again but again all systems go for now :]
- Forums
- ASX - By Stock
- EGO
- Short term techs
Short term techs, page-30
-
- There are more pages in this discussion • 151 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
SKS
SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne
RNU
Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some