weekend charting 24-26 september, page-127

  1. 686 Posts.
    Bubwell, your XHJ MACD is lookin really purty, However there is considerable price resistance above in the 8350 to 8500 region. You can see by the most recent candle, that it didn't want to pierce through, but testing that region is still a good sign.

    BCC. The chart actually looks half decent.



    Its ducked its head out of the down sloping line and MACD looks to have crossed and is heading back toward zero, with stochs heading upwards as well.



    On the daily:
    -MACD slopping upwards and above zero level;
    -stochs pushing upwards and not yet in high overbought levels;
    -price is following upwards sloping support line;
    -Oct 2009 gap has been filled;

 
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