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Re: None

Saturday, 09/19/2015 12:02:59 PM

Saturday, September 19, 2015 12:02:59 PM

Post# of 694
Mick, - 20 day and 50 day MA are closing in. Sideways Trend/Consolidation appears to have been happening since the end of August. What are your thoughts on the upswing? I am new to TA but I like to look at the 5 day EMA and 20 day EMA. Last few upswings I have noticed the 5 day riding the 20 before an upswing. 20 day EMA is also closing in on the 50 day. Possible "Golden Cross" coming up. Perhaps due to news on the new system they are coming out with? RSI(7) and RSI(14) i see 54.24 and 48.97. I feel upswing coming until mid/end of Nov.

I am new to investing / using TA. Please let me know what you think and if perhaps I am over simplifying the use of my TA.

Any knowledge sharing is appreciated.

Regards