kennas said:I'm not going to encourage people to get on this, but you are right Jemma, that a tight stop might not be required. As you say, being drifting for months. Last few days have been positive though. Vol up a little, pos divergence MACD going up. Might be about to break up, but too early to tell. A bit of hype around the past few days on uranium, so that could be the driver.
jemma said:Moving averages looking great, expect a break above 16 cents next week.
Chart looking tasty.
finnsk said:Something must be happening somebody bought 15000000 shares at $0.14 this morning.
jemma said:Moving averages looking great, expect a break above 16 cents next week.
Chart looking tasty.
Porper said:You seem to be avoiding the question I asked regarding your post about "moving averages looking good".
The big white candle means sweet F.A on it's own.What about the 2 big red candles that form the double top ?
As to the big buyer, well all I can say is there were obviously big sellers.
It may well go above 0.16 as you say but you still haven't given a reason why and appear to be ramping it
jemma said:Porper,
MACD Formula
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The most popular formula for the "standard" MACD is the difference between a security's 26-day and 12-day exponential moving averages. This is the formula that is used in many popular technical analysis programs, and quoted in most technical analysis books on the subject. Using shorter moving averages will produce a quicker, more responsive indicator, while using longer moving averages will produce a slower indicator, less prone to whipsaws.
Of the two moving averages that make up MACD, the 12-day EMA is the faster and the 26-day EMA is the slower. Closing prices are used to form the moving averages. Usually, a 9-day EMA of MACD is plotted along side to act as a trigger line. A bullish crossover occurs when MACD moves above its 9-day EMA and a bearish crossover occurs when MACD moves below its 9-day EMA.
This has happened with DYL and is a sure thing it will rise this week.
Porper get on or miss out your call.
Porper said:Thanks for the answer although I didn't quite mean I wanted a lesson in MACD.The crossover actually occurred over a week ago, where if you look the high that day is the same as the high on Friday.
There is some positives I admit, but 0.16 needs to be broken on good volume for me to get interested.
Also nothing is a certainty, so when you make comments like "It is a sure thing it will rise next week" just think about how some newbie may get sucked in .Hope it goes up for you.
56gsa said:powerkoala
chart suggests certainly looks set to go doesn't it?
Porper said:This one was ramped last week and was a "sure thing" then.Didn't quite materialise.I wish people would back up their statements.If the chart looks good, please enlighten me as to why.It is ranging, simple as that.
Of course if there is a big announcement about a find, they will go up, like any stock.Otherwise, sideways or down slowly looks the way.
barney said:PPS Porper, that CSR chart I was trying to "pre"-predict, did actually reverse a day or so later...........I might have got lucky, but I had a feeling it might.....
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