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Bemax Inc. BMXC
(Total Views: 103)
Posted On: 02/06/2017 3:33:11 PM
Post# of 2199
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Posted By: BUMPERCARS
Daily & Weekly Charts

Analysis ....Full Bull Buying Mode...fwiw

Daily....Notice on the UpTrend How the PPS pops Up, then consolidates back to the Ma20 or Upper Ma20 Envelop...Notice the Slope of the Ma20...NORTH .....Notice the general direction of the A/D Line by drawing a Line thru the Middle....Notice the Weaving trend of the pps In & Out of the Upper BB.....All of these show Strength, the Stock is being Bought and Consolidating Well along the Way as Not to "OverHeat" the Chart ....Allowing the Steady Climb, as reflected in the RSI...!!!...smile

Also Keep an Eye on that Lower BB ...As it Creeps Back Up Closer to the Upper BB, Narrowing the Separation, combined with the North slope, it is a Good Indication of the Probability of a Break Out/Away Candle ( FlagPole )...fwiw














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