So here are my comparisons (not to be used as advice) to the previous bounces after massive spits (this is a YTD, daily chart - LT view).
I'd love your guys and gals opinion in what you see.
April:
- Overbought, low volume, poor bounce after ann, increasing sell momentum on MACD
July:
- Oversold and Stochastic momentum did not bounce with the price, therefore remaining oversold.
- Higher volume although the volume was on the sell side.
Nov/Dec:
- Oversold signal although there is a clear upward crossover.
- Steep MACD moment to the upside.
- High volume on the buy side.
- Strong bounce closing the gap on the EMA.
Disclosure I classify myself as a novice so make sure you DYOR and base your decisions on that.
![]()
- Forums
- ASX - By Stock
- Technicals, your call.
So here are my comparisons (not to be used as advice) to the...
-
-
- There are more pages in this discussion • 53 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
Add SGH (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online