GREY:XMTTF - Post by User
Post by
tekinvestoron Mar 17, 2015 1:58am
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Post# 23528454
MEK.V March 16 2015 4 Big Bullish Technical Events
MEK.V March 16 2015 4 Big Bullish Technical Events Metals Creek Resources Corp
Event Details for: Bullish Double Moving Average Crossover | Tells Me: The price is generally in an established trend (bullish or bearish) for the time horizon represented by the moving average periods. Moving averages (MA) are used to smooth out the volatility or "noise" in the price series, to make it easier to discover the underlying trend. By plotting the average price over the last several bars, the line is less "jerky" than plotting the actual prices. In the double crossover method, a bullish event is generated when a faster moving average crosses above a slower moving average (21-bar MA crosses 50-bar, or 50-bar MA crosses 200-bar). In this state, the price is likely in an established uptrend. The opposite is true when the faster slips below the slower moving average, triggering a bearish event. |
| Event Date: | Mar 16, 2015 | | Opportunity Type: | Intermediate-Term Bullish | | Close Price: | $0.03 | | | 50-day moving average crossed above the 200-day moving average. | |
Metals Creek Resources Corp
Event Details for: Bullish 21-Day Moving Average Price Cross | Tells Me: The price is generally in an established trend (bullish or bearish) for the time horizon represented by the moving average period (21, 50 or 200 bars). Moving averages are used to smooth out the volatility or "noise" in the price series, to make it easier to discover the underlying trend. By plotting the average price over the last several bars, the line is less "jerky" than plotting the actual prices. A bullish event is generated when the price crosses above the moving average, and in this state, the price is likely in an established uptrend. The opposite is true when the price crosses below the moving average, triggered a bearish event. |
| Event Date: | Mar 16, 2015 | | Opportunity Type: | Short-Term Bullish | | Close Price: | $0.03 | | | Price crossed above the 21-day moving average. | |
Metals Creek Resources Corp
Event Details for: Bullish 50-Day Moving Average Price Cross | Tells Me: The price is generally in an established trend (bullish or bearish) for the time horizon represented by the moving average period (21, 50 or 200 bars). Moving averages are used to smooth out the volatility or "noise" in the price series, to make it easier to discover the underlying trend. By plotting the average price over the last several bars, the line is less "jerky" than plotting the actual prices. A bullish event is generated when the price crosses above the moving average, and in this state, the price is likely in an established uptrend. The opposite is true when the price crosses below the moving average, triggered a bearish event. |
| Event Date: | Mar 16, 2015 | | Opportunity Type: | Intermediate-Term Bullish | | Close Price: | $0.03 | | | Price crossed above the 50-day moving average. | |
Metals Creek Resources Corp
Event Details for: Bullish 200-Day Moving Average Price Cross | Tells Me: The price is generally in an established trend (bullish or bearish) for the time horizon represented by the moving average period (21, 50 or 200 bars). Moving averages are used to smooth out the volatility or "noise" in the price series, to make it easier to discover the underlying trend. By plotting the average price over the last several bars, the line is less "jerky" than plotting the actual prices. A bullish event is generated when the price crosses above the moving average, and in this state, the price is likely in an established uptrend. The opposite is true when the price crosses below the moving average, triggered a bearish event. |
| Event Date: | Mar 16, 2015 | | Opportunity Type: | Long-Term Bullish | | Close Price: | $0.03 | | | Price crossed above the 200-day moving average. | |