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Saturday, June 14, 2014 2:05:29 PM
here my friend a much better and simpler explanation.
see the blue line that is the 20day avg! look at march see how mdnt was fighting the 20? look at the red arrow see where it broke the 20 on a 2nd strike up? what did mdnt do after the 20avg break? (: $
moving on to mid april aka manu effect. see how mdnt was fighting to stay above the 20day avg? what happened when the support of the 20 broke? major sell off. now look at what has transpired since april. the 20dy avg has been like pink floyds the wall! unbreakable! now the 4 arrows far right tell me that mdnt is getting close and butting heads with the wall. once the wall breaks next week imo. the 20dy avg becomes something we don't smash against but something we can stand upon. people with their resistance lines are full of chit mate. what i watch for is where people bought a lot of shares and then look up the chart for their 100%. those points are where people will be selling and where a dip might happen.
there are a few things to look for #1 PSAR if it breaks positive your gonna be a happy nolesrolls. i have also sold right on it and been a happy trader. if the PSAR flips it will run to the 50dy avg where a battle will be fought just like the 20dy avg.
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the slow sto is my baby! the indicator at the bottom of the chart. very simple and very reliable indicator. when it breaks the 20 there are $ to be made. when the slow sto breaks 80 to the down SELL!!!
dude don't give me a bear hug at the investors meeting because you seems like the type (:
see the blue line that is the 20day avg! look at march see how mdnt was fighting the 20? look at the red arrow see where it broke the 20 on a 2nd strike up? what did mdnt do after the 20avg break? (: $
moving on to mid april aka manu effect. see how mdnt was fighting to stay above the 20day avg? what happened when the support of the 20 broke? major sell off. now look at what has transpired since april. the 20dy avg has been like pink floyds the wall! unbreakable! now the 4 arrows far right tell me that mdnt is getting close and butting heads with the wall. once the wall breaks next week imo. the 20dy avg becomes something we don't smash against but something we can stand upon. people with their resistance lines are full of chit mate. what i watch for is where people bought a lot of shares and then look up the chart for their 100%. those points are where people will be selling and where a dip might happen.
there are a few things to look for #1 PSAR if it breaks positive your gonna be a happy nolesrolls. i have also sold right on it and been a happy trader. if the PSAR flips it will run to the 50dy avg where a battle will be fought just like the 20dy avg.
[/URL] the slow sto is my baby! the indicator at the bottom of the chart. very simple and very reliable indicator. when it breaks the 20 there are $ to be made. when the slow sto breaks 80 to the down SELL!!!
dude don't give me a bear hug at the investors meeting because you seems like the type (:
the joy of my life mi angie
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