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Re: Danni post# 2591

Monday, 06/22/2015 11:21:04 AM

Monday, June 22, 2015 11:21:04 AM

Post# of 2734
The ADX is a technical indicator which you can read about here:
http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:average_directional_index_adx

Anyway I'd been watching this closely last week when I saw the ADX improving. The green line (DI+) getting close to passing red (DI-) often when this happens an upward move is about to occur. This happened at .0166. The ADX hasn't been to keen on this stock in 2015 but the DI+(green) is now well above the DI- (red) for one of the first in 2015 & not just above but way above & likely to stay there. I consider this a good sign.

An example for this stocks chart of this being a good sign would be Sept 2014 the .027-0271 period you had the DI+(green) above. Even though there was a lack of major volume during this period you had a explosive rise on Oct 1st as well as the sustained rise that began Nov 12th.

Anyway we went down on extreme low volume the month of May only saw 4,136 shares traded. There really hasn't been any panic. Hopefully we will get some news soon because to me the chart looks primed.

$CEHD