AJX 12.5% 0.9¢ alexium international group limited

TA works. There is actually no question. Everyone open the AJX...

  1. 6,615 Posts.
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    TA works.

    There is actually no question.

    Everyone open the AJX chart.

    Apply a 21 EMA filter.

    You can clearly see by just following this basic set-up that you would have been in on the breakout in November.

    Following the 21 EMA you would have been out when it broke down in Feb.

    All the time riding an amazing uptrend.

    From Feb to now you would have stayed out. You could have put your capital to work elsewhere.

    This super simple EMA rule is what i use for big runners.

    Although i still have't sold AJX and didn't use this here.

    But TA works. Looking back proves it.

    I never use it to predict. But's it's important to get a gage on what has happened / is happening currently.
 
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