NEWL 1 Hr. Chart: Parabolic SAR bullish flip @ 1:0
Post# of 776
Posted On: 07/07/2014 7:49:15 PM
NEWL 1 Hr. Chart: Parabolic SAR bullish flip @ 1:00 on Monday........as this chart shows the 7 DMA @ 0.130 & the 10 DMA @ 0.138 have been resistance on the pullback.........the action starting at 12:00 on Monday shows MA's(7 & 10) turning into support......you have to go back to June to find any candles forming above MA's(7 & 10)..........
2 things to keep an EYE out for tomorrow on the 1 hr. chart.......look for the 7 day moving average to Bullish Cross/Crossover the 10 DMA.......this is an early bullish reversal signal.......the 2nd thing to look for tomorrow on the 1 hr. chart are candles forming above the 20 DMA @ 0.177........when candles form above the 20 day moving average a new Up Trend can begin.........when candles form above the 20 DMA bulls will know it's Showtime!......................$$$
http://stockcharts.com/h-sc/ui?s=NEWL&p=6...6518034076
2 things to keep an EYE out for tomorrow on the 1 hr. chart.......look for the 7 day moving average to Bullish Cross/Crossover the 10 DMA.......this is an early bullish reversal signal.......the 2nd thing to look for tomorrow on the 1 hr. chart are candles forming above the 20 DMA @ 0.177........when candles form above the 20 day moving average a new Up Trend can begin.........when candles form above the 20 DMA bulls will know it's Showtime!......................$$$
http://stockcharts.com/h-sc/ui?s=NEWL&p=6...6518034076
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