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Re: TC_Trader post# 38028

Monday, 08/03/2015 11:27:38 AM

Monday, August 03, 2015 11:27:38 AM

Post# of 725112
Ladies and Gentlemen, just wait for the next MACD buy signal. In my opinion we will see a new 52 week high shortly after the next MACD buy signal. This pattern has been working all year. Currently the MACD is displaying a sell signal. Look at my prior posts for more details about the pattern of MACD signals, length of signal, price movement during signals (+/-), and you may see that this current consolidation period is (technically speaking) a good entry/accumulation point.

I am very excited about the next MACD buy signal.

As a point of reference the last MACD buy signal occurred at roughly $10.20-$10.40.
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