ta discussion - fa rock solid.

Hi all

Time for a change of thread. Love TA. I have noticed a few key TA signals I thought warranted pointing out.

We have a break-out after 14m, on higher volume but more is need to really confirm. This. A false break has happened in the past so its possible this could repeat. Look out for higher volume confirmed with a lack of widespread up bars closing in the middle or below.

Beautiful hammer candle showing rejection of the lows. Few games here though as only 6666 shares bought caused the closing price.

My daily MACD has just cruzed through the zero line, the weekly is about to follow and the monthly is also starting to turn up (also above zero line).

Weekly - The 10 day MA is about to cross my 25 day MA. And Daily – Similar but on a faster scale.

The monthly RSI still has plenty of upside but the weekly is getting close to 70 – which isn’t necessarily a show stopper at all.


Yea all looking positive really – and about time!

Interested in other TA enthusiasts thoughts and observations.

Cheers