Affinity Gold Corp (AFYG)

[trade_stocks_daily]

mapleman - take a look at the chart I posted. I mentioned a few indicators that are of note and you can do a wiki search on them for study. When you are learning the more questions the better and as we progress we ask different questions. One of my great friends/great commodities trader has a statement: "You have to ask yourself BETTER questions!" Just keep asking! I love data and may make my friends crazy with questions but I love more information and value peoples opinions as long as dignity and respect surround it.

The 200 Moving Avereage (MA) is a very common basic trend - typically an upward slope is bullish, a downward slope is bearish. In regards to AFYG it looks like a reversal point as the slope was sharp negative to flat and now at an inflection point (ready for upward I hope) AND with the crossing of the 50MA through and upward I like what I see. Plot the 10, 20, 50, and 200 MA on charts and see what you see.

A RSI (Relative Strebgth Index) above 50 is tyically the power area and seen in buying and a rise in price. As an RSI of 70+ is approached a stock may be considered overbought. At 30 it is considered oversold.

The psar shows up as a series of dots on the chart and is a predictive indicator (somewhat like current acceleration predicting future velocity. When a price point hits the predicted psar (see brown dot in legend) the indicator flips and begins to show up in this case from a down trend to an uptrend. Look at what happens when the psar flips - for bette ror for worse but take note of the big pop on the previous weekly psar flip!

Moving Average Convergence-Divergence (MACD) is a momentum indicator . The MACD subtracts the longer moving average from the shorter moving average. The MACD fluctuates above and below the zero line as the moving averages converge, cross and diverge. Traders can look for signal line crossovers, centerline crossovers and divergences to generate signals.

Good Luck