Re: GTXI, LIZ, YRCW
Hi, Xxx!
GTXI has wound-up springs, BUT (-)DI is given too much time to return to its lows. Had it stayed longer - or better yet - above ADX, then I would consider it a great bull potential. Still, all other indicators remain favorable for a rally, but it lacks that potential energy that could otherwise shoot it back into the gap, IMHO.
LIZ - Still looks like it aims for 4.0 level. Daily ADX is giving impetus to (-)DI, while other secondary indicators are remaining under their 21-daily EMA, which is not favorable set-up for a rally. For now, i'd say that if 4.5 fails, then 4.0 would repreent the strongest support. If 4.5 HOLDS, this would give time for RSI and other secondary indicators to for a pre-rally pattern that I seek in rallies, IMHO.
YRCW - Here, it seems that the rally has already been underway, and CCI, Wm%R are "consumed". I use the 9-daily and 21-daily EMAs for price continuation patterns on certain charts. This particular charts seems fit for it. Also, I would pay particular attention to the influence of 9-daily EMA on price, and relative position of 9-daily and 21-daily EMA's - Both of these circumtances seem to have been reliable in determining a directional clue for this chart, IMHO.
- Dalcindo
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Message in reply to (PM):
What you think of GTXI LIZ and YRCW?
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