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Re: Watch30 post# 2564

Thursday, 06/07/2018 1:35:08 PM

Thursday, June 07, 2018 1:35:08 PM

Post# of 8177
This is from TDA's website concerning MarketEdge:

Though the technical outlook remains somewhat mixed there are signs that point to an improved outlook for the stock. Several of the pertinent indicators have turned positive and the stock appears to be under accumulation. Should the stock break above recent resistance numbers it could mark the beginning of a new uptrend. The stock is outperforming the market when compared to the S&P 500 over the last 50 trading days. The MACD-LT, an intermediate-term trend indicator, is bullish at this time. NGL's chart formation suggests an upward trend is beginning/ stock is in the early stages of a rising trend. A close above $12.09 is a number to watch to confirm a trend reversal. Momentum as measured by the 9-day RSI is gaining in strength. Over the last 50 trading sessions, there has been more volume on up days than on down days indicating that NGL is under accumulation, which is a bullish condition. The stock is trading above a rising 50-day moving average which confirms the improving technical condition. A move in price above the 200-day moving average will add to the improving technical condition of XXX.



So then, yes---you are right. Poor presentation on the part of the webmaster must be the culprit here but you've brought light to a confusing situation.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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