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Medicago Inc MDCGF



GREY:MDCGF - Post by User

Comment by kaiyneon Jul 14, 2010 8:44am
230 Views
Post# 17267883

RE: The trend

RE: The trendAnd how about the triple moving average crossover that just occurred, very bullish.  It happened mid October and again in December last year before going to .80+

"Event Details for: Triple Moving Average Crossover
A moving average is an indicator that shows the average value of a security's price over a period of time. This type of event occurs when a shorter moving average crosses a medium moving average, and the medium moving average crosses a longer moving average. The moving average periods used for this event are 4, 9 and 18 price bars. When the 4 crosses above the 9, the event has "started". The event is "confirmed" when the 9 crosses above the 18. A bullish signal is generated when the direction of the crossovers is above; e.g. the shorter moving average crosses above the medium and the medium moving average crosses above the longer. A bearish signal is generated when the direction of the crossovers is below."
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