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Sunday, October 25, 2009 9:23:22 AM
Parabolic SAR
Today, MEVT closed above the trigger point for the Parabolic SAR and is currently registering a bullish signal. The current Significant Point, below which a reversal to the bearish side would occur, is 0.41.
MACD
The MACD for MEVT currently indicates a strong bullish signal for two reasons. First, the MACD is above the signal line, a 9day moving average. Second, the MACD is above 0 which implies that the underlying moving averages are trending higher.
Just a little something to think about, knowing how traders love bulls
Sky
Today, MEVT closed above the trigger point for the Parabolic SAR and is currently registering a bullish signal. The current Significant Point, below which a reversal to the bearish side would occur, is 0.41.
MACD
The MACD for MEVT currently indicates a strong bullish signal for two reasons. First, the MACD is above the signal line, a 9day moving average. Second, the MACD is above 0 which implies that the underlying moving averages are trending higher.
Just a little something to think about, knowing how traders love bulls
Sky
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