Dr. Pennystocks chart and analysis. Analysis: As
Post# of 3844
Posted On: 01/02/2014 10:27:18 AM
Dr. Pennystocks chart and analysis.
Analysis : As you can see, the stock is touching the base of the ascending channel, so the big run to .25 - .30 is imminent. The RSI is at the same level it was when the stock made the last big run, the MACD is positive since about 16 months, this is an INCREDIBLE accumulation(yes, you read well, I use the MACD as my personal ACCUM/DISTR indicator), and, the +DI is ready to bounce off of the -DI, and, just a small move to the up side, the ADX line will be crossed, and, will generate a buy signal. The run to .25 - .30 may begin at any moment, I think the first two or three weeks of 2014 will be fantastic.
Analysis : As you can see, the stock is touching the base of the ascending channel, so the big run to .25 - .30 is imminent. The RSI is at the same level it was when the stock made the last big run, the MACD is positive since about 16 months, this is an INCREDIBLE accumulation(yes, you read well, I use the MACD as my personal ACCUM/DISTR indicator), and, the +DI is ready to bounce off of the -DI, and, just a small move to the up side, the ADX line will be crossed, and, will generate a buy signal. The run to .25 - .30 may begin at any moment, I think the first two or three weeks of 2014 will be fantastic.
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