RE: ANY TA POSTERS
BBD.B TA in a nutshell:
Short and Intermediate term it looks bearish, however that could all change if the price goes back above 7.50 by Friday.
It was good that the price came back to 7.40 today as this is where the moving average line is. Long-Term the chart is bullish!
50 Moving Averaged crossed down below 7.40 yesterday NOT GOOD. It's on the line back today so that's GOOD but we need it to keep going.
A moving average is an indicator that shows the average value of asecurity's price over a period of time. This type of event occurs whenthe price crosses a moving average. Three moving averages aresupported: 21, 50 and 200 price bars. A price cross of a longer movingaverage indicates a longer term signal. A bullish signal is generatedwhen the price rises above its moving average and a bearish signal isgenerated when the price falls below its moving average.
The Momentum was lost with closing at 7.25 yesterday - but again a cross back over 7.50 could bode well by Friday.
Momentum measures the amount that a financial instrument's price haschanged over a given timeframe. Momentum is significant because itsignals the strength of price trends. A healthy price trend tends toexhibit strong momentum, while weakening trends often have decreasingmomentum indicating a trend reversal or correction. Momentum can alsoindicate short-term market extremes referred to as overbought andoversold levels. A bullish signal is generated when the Momentum risesabove 0 and a bearish signal is generated when the Momentum falls below0.
MACD DROPPED - so at moment it is short-term bearish, however it was market related and not to just BBD.B otherwise this would not be good
The MACD, "Moving Average Convergence/Divergence", shows therelationship between two moving averages of prices. The MACD is thedifference between a 26-day and 12-day exponential moving average. A9-day exponential moving average called the signal line is plotted ontop of the MACD to show bullish and bearish signal points. A bullishsignal is generated when the MACD rises above the signal line, or abovezero. A bearish signal occurs when the MACD falls below the signal lineor below zero.
me nuh know how fi post charts, but me hope this helps
BOMBARDIER TO THE WORLD!!!
good2go>>>>>>>