I think this has something to do with KW and intel having too much SUGARY DRINK.
Nice inverse reality to how it should be done. Bubbles require plenty of irrationality.
:D :D :D :D :D :D :D :D
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I think this has something to do with KW and intel having too much SUGARY DRINK.
Nice inverse reality to how it should be done. Bubbles require plenty of irrationality.
:D :D :D :D :D :D :D :D
I'm no TA person, unless NEA and AVB threads are anything to go by, but let's see:
OBV just went above 0.
RSI is about to cross.
Hammer formation today.
Wee bit of a short uptrend.
MACD lines crossing, currently at a short term higher high.
DMI might even cross again + ADX line, which seems to represent the downtrend, is heading down, may mean reversal.
Ultimate oscillator has crossed, may mean reversal.
Stochastics show an acquiring market.
Bollinger bands converging, which may mean breakout given reversal indications.
PSAR upper got hit, buy signal.
However - volumes well below average, but will keep an eye on that. And, 1800 cents is probably a resistance point - will it FAIL it or will it NAIL it?
And THAT is how you do charting/TA without actually preparing a picture :D:D:D:D:D:D
Hmm XRO closed up for the day/week.
I think we need a sound analysis based on fundamental economic laws to explain this.
Where is Intel?
And investors seemed to like the purchase (small as it was) I think ,even if it was mostly symbolic,investors like to see a company doing something.
Or perhaps it's the 80% revenue growth backed up with numbers like these that suggest the market is a real opportunity:
http://www.istart.com.au/index/HM20/...10110/AR215937
Pre-emptive shorting may be the cause: http://www.nbr.co.nz/article/msci-re...o-exits-165079
Friday's price action was dominated by sellers, forming a Hanging Man candle, which warns of reversal - but requires confirmation.
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