I this calm before a storm? Today SA High Court may give verdict on the Nestle case, the Court fixed 6 June 2016 as either a next case management date or decision date:
Century Logistics Holdings Bhd forms bullish "Price Crosses Moving Average" chart pattern Jun 13, 2016
Recognia has detected a "Price Crosses Moving Average" chart pattern formed on Century Logistics Holdings Bhd (7117:MYX). This bullish signal indicates that the stock price may rise from the close of 0.85.
Tells Me: The price is generally in an established trend (bullish or bearish) for the time horizon represented by the moving average period (21, 50 or 200 bars). Moving averages are used to smooth out the volatility or "noise" in the price series, to make it easier to discover the underlying trend. By plotting the average price over the last several bars, the line is less "jerky" than plotting the actual prices. A bullish event is generated when the price crosses above the moving average, and in this state, the price is likely in an established uptrend. The opposite is true when the price crosses below the moving average, triggered a bearish event.
This bullish pattern can be seen on the following chart and was detected by Recognia proprietary pattern recognition technology.
Century Logistics Holdings Bhd forms bullish "Price Crosses Moving Average" chart pattern Jun 13, 2016
Recognia has detected a "Price Crosses Moving Average" chart pattern formed on Century Logistics Holdings Bhd (7117:MYX). This bullish signal indicates that the stock price may rise from the close of 0.85.
Tells Me: The price is generally in an established trend (bullish or bearish) for the time horizon represented by the moving average period (21, 50 or 200 bars). Moving averages are used to smooth out the volatility or "noise" in the price series, to make it easier to discover the underlying trend. By plotting the average price over the last several bars, the line is less "jerky" than plotting the actual prices. A bullish event is generated when the price crosses above the moving average, and in this state, the price is likely in an established uptrend. The opposite is true when the price crosses below the moving average, triggered a bearish event.
This bullish pattern can be seen on the following chart and was detected by Recognia proprietary pattern recognition technology.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
wannabeinvestor
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Posted by wannabeinvestor > 2016-05-19 16:08 | Report Abuse
hopeless...