GREY:CGOOF - Post by User
Post by
Masterbuilderon Oct 01, 2015 11:17pm
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Post# 24155780
Technical chart and support
Technical chart and supportJust for fun I took at look at 4-Traders website technical analysis chart as CNL stock approaches the 52 week low. The system kicked out downside support levels at $1.27 (short and long term) and $1.36 medium term. If you call up the MACD (click on the INDICATORS icon) it is approaching oversold but has not yet reversed price direction. When the MACD fast line crosses over the slow line, that indicates a bullish shift in momentum. You can't rely on this one metric, but it is helpful when formulating a trading decision.
https://www.4-traders.com/CONTINENTAL-GOLD-LTD-6142443/charts/