GREY:PTHLF - Post by User
Post by
Tagishon Dec 08, 2012 9:37am
201 Views
Post# 20702389
Pethealth Inc forms bullish "Short-term KST" chart
Pethealth Inc forms bullish "Short-term KST" chart Pethealth Inc forms bullish "Short-term KST" chart pattern
Dec 07, 2012
Recognia has detected a "Short-term KST" chart pattern formed on Pethealth Inc (PTZ:TSX). This bullish signal indicates that the stock price may rise from the close of $0.80.
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.
This bullish pattern can be seen on the following chart and was detected by Recognia proprietary pattern recognition technology.