RE:RE:RE:solid results
Well said Floridas 2000. You resume well the situation of OEE, following this morning news.
For me I attach importance of the chart showing that, after 2 annual breakouts, OEE each time
been followed by fall downs, that today bring the fear to traders (a too long time losing) to profit an increase to get out, and in the same fear, for others, to get in.
If I can put a chart here it may explain better what I am trying to explain.
Because although that context of OEE to stop/and fall after news and for traders not to enter even containing solid results, there is although an imortant Indicator on a Weekly chart (the MACD) that has a LONG POSITIVE DIVERGENCE, (usually in terms of months/year that is considered important as such), to add a possible change of OEE that this time be returned on an uptrend in days or weeks to come.