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Newstrike Brands Ltd NWKRF

Healthcare Biotechnology Cannabis
"Newstrike Brands Ltd is a licensed producer and cultivator of medical cannabis based in Brantford, Ontario. The company cultivates and sells both forms including dried and fresh marihuana."


OTCPK:NWKRF - Post by User

Newstrike Brands Ltd > Looking like possible trend reversal
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Comment by Dontpanicon Feb 16, 2018 2:56pm
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Post# 27574310

RE:RE:Looking like possible trend reversal

RE:RE:Looking like possible trend reversalAverage directional indicator

ADX - Represents the strength of a trend 

0-25 weak or absent trend
25-50 strong trend
50-70 very strong trend
70-100 extremely strong trend

DM+ Represents upward trend
DM- Represents downward trend

When the DM+ rises above the DM- it represents a reversal in trend to the positive

When the DM+ drops below the DM- it represents a reversal in trend to the negative.

Sorry no acronyms just a mathematical calculation.

This is just my opinion, and should not be used to make your own investment decisions.

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