TSXV:OEE.H - Post by User
Comment by
Dojitrader15on Mar 01, 2017 6:41pm
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Post# 25915813
RE:RE:RE:RE:RE:RE:RE:RE:The turning point
RE:RE:RE:RE:RE:RE:RE:RE:The turning point If you know how to draw trendlines, it's pretty easy to figure out. Do you know what a chart is first? I'll leave it up to you champ, you seem a little uptight to have a conversation with so I'll leave you with some indicators to ponder on.
To the rest of you the trendline pennant pattern closes within days....possibly tomorrow but Monday at the latest.
Stochastics broke briefly below the 20 line but has since turned and is trending up....bullish
RSI found support on the 30 line and is now trending up ...bullish
CCI now trending above it's -100 line ....bullish
ADX +DI line now trending higher....very bullish
Accum/Dist hs been trending higher the entire time the stock has retraced...very bullish
CMF at it's point of oversold...bullish
MFI now has broken the 20 line...bullish
NVI about to cross the EMA line ...bullish
TRIX has leveled and is starting to curl up ...bullish
PVO should find support on 0 line
Williams%R up against the 50 line, if it breaks it ....very bullish
Ultimate Oscillator just breaking the 50 line ...bearish
TSI flatened and turn upwards with a crossover...very bullish
A break above 0.25 and we will be trading ABOVE the 200 day moving average as it is acting as resistance currently but once above it, will act as support.
Not to mention the gap at 0.23 is now closed and the stock can now continue higher as evidence by the higher low created on Feb 21 when the stock closed at 0.225, closing above the previous low of 0.20
Is that enough for ya champ?....Enjoy your chart!
P.S. The pennant formation usually results in the stock upon breaking out usually moves the distance of the previous move prior to the retracement/consolidation which would put the stock around the 0.65 cent range.
Again...Enjoy your chart!
OEE Bullish Chart