Friday, June 03, 2005 12:49:51 AM
My friends (added on):
I have been studying charts (books and other TA learning boards) for like 10 hours today and here is what to look for in the simplest terms:
If and when the 13 EMA crosses the 35 EMA, we are in for one heck of a ride IMO. For this to occur, all the following indicators must head upwards N'Sync. Additionally, look for the Aroon 20 crossing. I truly believe that GTE is being manipulated... Look at how on June 24th the 13 EMA was sooooo close to crossing (along with the aroon crossing) and suddenly it turned town, I don't believe that this was a natural occurance. That could have been the beginning of the next phase up but I believe that some big players didn't want it to happen for some reason.
Notice when the 13 EMA crosses the 35 EMA in December 2004, the beginning of the first run up.
IMO
I have been studying charts (books and other TA learning boards) for like 10 hours today and here is what to look for in the simplest terms:
If and when the 13 EMA crosses the 35 EMA, we are in for one heck of a ride IMO. For this to occur, all the following indicators must head upwards N'Sync. Additionally, look for the Aroon 20 crossing. I truly believe that GTE is being manipulated... Look at how on June 24th the 13 EMA was sooooo close to crossing (along with the aroon crossing) and suddenly it turned town, I don't believe that this was a natural occurance. That could have been the beginning of the next phase up but I believe that some big players didn't want it to happen for some reason.
Notice when the 13 EMA crosses the 35 EMA in December 2004, the beginning of the first run up.
IMO
I am not a professional and my comments are all my own opinion. If you have any constructive criticism do not hesitate to offer it; this is how I can learn and improve my analysis.
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