Tuesday, September 27, 2011 2:10:42 PM
""EMXC Annotated Chart"" 9/22/2011
~~Important to Remember~~
##Hold 15 ""OR"" hold the new GREEN Uptrend line##
``NOTICE``
##Bollinger Bands are starting to pinch meaning a break in PPS will occur, AGAIN, - SO - this needs to break NORTH. If it breaks low we will see 10, AGAIN [THIS WILL NOT BE FUN]
Downtrend should be over thanks to a double bottom "W" and triangular breakout of the RED downtrend.
Indicators to CONFIRM this notion
--MACD Cross GREEN
--MFI Bump and sustained levels
--RSI starting upward trend, BUT, still has 50 points to run (BEST CASE SCENARIO)
Things that need to HAPPEN for uptrend to continue
--VOL needs to average between 13-20 million
--PPS needs to hold 15 AND/OR green uptrend line
--RSI needs to head to 70+
--Accum/Dist needs to continue north [not shown on this chart]
--WM% Needs to stay north of 50 [not shown on this chart]
$EMXC
~~Important to Remember~~
##Hold 15 ""OR"" hold the new GREEN Uptrend line##
``NOTICE``
##Bollinger Bands are starting to pinch meaning a break in PPS will occur, AGAIN, - SO - this needs to break NORTH. If it breaks low we will see 10, AGAIN [THIS WILL NOT BE FUN]
Downtrend should be over thanks to a double bottom "W" and triangular breakout of the RED downtrend.
Indicators to CONFIRM this notion
--MACD Cross GREEN
--MFI Bump and sustained levels
--RSI starting upward trend, BUT, still has 50 points to run (BEST CASE SCENARIO)
Things that need to HAPPEN for uptrend to continue
--VOL needs to average between 13-20 million
--PPS needs to hold 15 AND/OR green uptrend line
--RSI needs to head to 70+
--Accum/Dist needs to continue north [not shown on this chart]
--WM% Needs to stay north of 50 [not shown on this chart]
$EMXC
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