GREY:CUDBF - Post by User
Post by
yukon_goldon Jan 11, 2015 7:18pm
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Post# 23307745
POP.V Jan 9 2015-Dec 29, 2014: 5 Consecutive Bullish Events
POP.V Jan 9 2015-Dec 29, 2014: 5 Consecutive Bullish EventsPetro One Energy Corp
(POP:TSXV)
Event Details for: Bullish Commodity Channel Index
| Tells Me: The price is relatively far from its 20-bar average price. The Commodity Channel Index (CCI) measures the deviation of the price from its average value (comparing to a chosen moving average, typically 20 bars). The oscillator is normalized by dividing by the typical deviation, so we get an oscillator fluctuating roughly between +100 and -100. Many traders use these as overbought(+100)/oversold(-100) markers and watch for signs of reversal, but original use was to consider long positions when CCI is above +100 (bullish event), and short when below -100 (bearish event). When the price crosses back in between +100 and -100, another event is triggered to indicate an end to the prior bullish or bearish situation and a possible opportunity to close out such a position. |
| Event Date: | Jan 09, 2015 | | Opportunity Type: | Short-Term Bullish | | Close Price: | $0.15 | | | Price Period: | Daily | | Volume: | 28,000 | |
Petro One Energy Corp
(POP:TSXV)
Event Details for: Bullish Momentum
| Tells Me: For bullish events, upward momentum has just built up with the latest price now trading higher than the price 10 bars ago. The opposite is true for bearish events where we're seeing downward momentum now that the price is trading lower than 10 bars ago. Momentum measures the velocity of price changes. For a 10-bar momentum, we take the difference between the last bar's close and the close 10 bars ago and we plot this as a line fluctuating above and below 0 which can be used as buy and sell signals when in agreement with prevailing trend analysis. Momentum is significant because it signals the strength of price trends. A healthy price trend tends to exhibit strong momentum, while weakening trends often have decreasing momentum indicating a trend reversal or correction. |
| Event Date: | Jan 06, 2015 | | Opportunity Type: | Short-Term Bullish | | Close Price: | $0.14 | | | Price Period: | Daily | | Volume: | 11,378 | | The Momentum has moved above 0. | |
Petro One Energy Corp
(POP:TSXV)
Event Details for: Bullish 21-Day Moving Average Price Cross
| Tells Me: The price is generally in an established trend (bullish or bearish) for the time horizon represented by the moving average period (21, 50 or 200 bars). Moving averages are used to smooth out the volatility or "noise" in the price series, to make it easier to discover the underlying trend. By plotting the average price over the last several bars, the line is less "jerky" than plotting the actual prices. A bullish event is generated when the price crosses above the moving average, and in this state, the price is likely in an established uptrend. The opposite is true when the price crosses below the moving average, triggered a bearish event. |
| Event Date: | Jan 06, 2015 | | Opportunity Type: | Short-Term Bullish | | Close Price: | $0.14 | | | Price Period: | Daily | | Volume: | 11,378 | | Price crossed above the 21-day moving average. | |
Petro One Energy Corp
(POP:TSXV)
Event Details for: Bullish Triple Moving Average Crossover
| Tells Me: The price is generally in an established trend (bullish or bearish) for the time horizon represented by the moving average periods. Moving averages are used to smooth out the volatility or "noise" in the price series, to make it easier to discover the underlying trend. By plotting the average price over the last several bars, the line is less "jerky" than plotting the actual prices. In the triple crossover method, a bullish signal is generated when a faster moving average (4 bar) crosses above an intermediate moving average (9 bar), which in turn crosses above a slower moving average (18 bar). In this state, the price is likely in an established uptrend. The opposite is true when the 4 bar crosses below the 9 bar which in turn crosses below the 18 bar, triggering a bearish event. |
| Event Date: | Dec 30, 2014 | | Opportunity Type: | Short-Term Bullish | | Close Price: | $0.13 | | | Price Period: | Daily | | Volume: | 2,000 | | 4-day moving average crossed above the 9-day which subsequently crossed above the 18-day. | |
Petro One Energy Corp
(POP:TSXV)
Event Details for: Bullish Short-term KST
| The KST, "Know Sure Thing", is an oscillator that combines multiple time frames into a single measure of momentum for a financial instrument. It can be interpreted in the same way as other smoothed oscillators but most commonly indicates bullish and bearish momentum signals as it crosses above and below its moving average respectively. |
| Event Date: | Dec 29, 2014 | | Opportunity Type: | Short-Term Bullish | | Close Price: | $0.14 | | | Price Period: | Daily | | Volume: | 11,050 | |