Posted On: 05/06/2015 3:31:21 PM
Post# of 96892
Re: Krisandtilly #14237
Yes, exactly. Small, but important, correction:
In my last post, I wrote, "The PPS just broke through the 5-day moving average. If this holds, it's generally an early indicator of a potential move up. Ambitious traders look for a move like this."
I meant to write "The PPS just broke through the 20-day moving average on the daily chart."
More conservative investors might wait until the 5-day moving average passes the 10- and 20-day moving averages. This might happen very soon. Currently, the 5-,10-, and 20-day moving averages are all tied up at 0.014. This is the first time this has happened since Feb.
The last time the 5-day moving average rose above the other moving averages for more than a week was in June 2013, when the stock rose from 0.01s to 0.17.
Another bullish indicator on the daily chart is that the MACD line has been steadily climbing over the past two weeks and has remained above the signal line in that time.
GLTAL
Read More: http://investorshangout.com/post/view?id=2924...z3ZO83Ffx0
In my last post, I wrote, "The PPS just broke through the 5-day moving average. If this holds, it's generally an early indicator of a potential move up. Ambitious traders look for a move like this."
I meant to write "The PPS just broke through the 20-day moving average on the daily chart."
More conservative investors might wait until the 5-day moving average passes the 10- and 20-day moving averages. This might happen very soon. Currently, the 5-,10-, and 20-day moving averages are all tied up at 0.014. This is the first time this has happened since Feb.
The last time the 5-day moving average rose above the other moving averages for more than a week was in June 2013, when the stock rose from 0.01s to 0.17.
Another bullish indicator on the daily chart is that the MACD line has been steadily climbing over the past two weeks and has remained above the signal line in that time.
GLTAL
Read More: http://investorshangout.com/post/view?id=2924...z3ZO83Ffx0
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