GOOD long shadow, bullish candle, Today's close a
Post# of 56324
Posted On: 04/07/2014 9:01:07 PM
GOOD
long shadow, bullish candle, Today's close and SMA20 slightly over SMA50 signals higher start price, CMF moved off -0- to .017 combined with ADX under 20 signaling weak trend continuation.
NOT as GOOD
FLAG pattern is coming from a downtrend and the tendency is for new lows.
MACD showing negative divergence, has not crossed yet over 9 trigger
- These 3 signals are not entry points because the higher number is over the lower number.-
EMA6 over EMA5
EMA 21 over EMA 13
SMA50 over SMA31
Closed today lower than yesterday high.
Tomorrow may see new lows if pps does not break above 0864
If .0891 resistance broken then .0935 breakthrough would signal longs are back in control.
If flag pattern continues as downtrend the new low support levels are.0709 then.0651 and EMA100 support at.0563 (new buy on dip opportunity) nice little GTC limit orders here.
NOTE THIS IS TECHNICAL DATA BASED UPON ACTUAL FITX STOCK PERFORMANCE AND IN NO WAY DOES IT NEGATIVELY REFLECT ON THE VERY FINE JOB THE CEO IS DOING.
For those who follow technical data I welcome your input. For those who believe TA is a waste of time I encourage you to balance non technical with technical. The objective is to identify market entry points for longs to maximize accumulation. If you are interested in holding a core position and accumulating this also identifies good points to take profits then rebuy.
We are all on the same team here. GLTA
long shadow, bullish candle, Today's close and SMA20 slightly over SMA50 signals higher start price, CMF moved off -0- to .017 combined with ADX under 20 signaling weak trend continuation.
NOT as GOOD
FLAG pattern is coming from a downtrend and the tendency is for new lows.
MACD showing negative divergence, has not crossed yet over 9 trigger
- These 3 signals are not entry points because the higher number is over the lower number.-
EMA6 over EMA5
EMA 21 over EMA 13
SMA50 over SMA31
Closed today lower than yesterday high.
Tomorrow may see new lows if pps does not break above 0864
If .0891 resistance broken then .0935 breakthrough would signal longs are back in control.
If flag pattern continues as downtrend the new low support levels are.0709 then.0651 and EMA100 support at.0563 (new buy on dip opportunity) nice little GTC limit orders here.
NOTE THIS IS TECHNICAL DATA BASED UPON ACTUAL FITX STOCK PERFORMANCE AND IN NO WAY DOES IT NEGATIVELY REFLECT ON THE VERY FINE JOB THE CEO IS DOING.
For those who follow technical data I welcome your input. For those who believe TA is a waste of time I encourage you to balance non technical with technical. The objective is to identify market entry points for longs to maximize accumulation. If you are interested in holding a core position and accumulating this also identifies good points to take profits then rebuy.
We are all on the same team here. GLTA
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