GREY:CVHIF - Post by User
Post by
Dojitrader15on Dec 13, 2015 12:25pm
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Post# 24380807
Base Forming
Base Forming We have now created a 4 month base line chart which is very powerfull when it come to chart analysis. Other positive and powerful indicators is the fact that the RSI, MACD and Stochastics indicators have all created an upward divergence. The last thing the chart below shows me is that we have now made 3 higher lows in those 4 months. Other than tax loss selling that may make it a struggle to get moving, all signs indicate a positive outlook. The 50 day moving average should provide the stock with support at this point as well.
Convalo Health 7 month chart