TSXV:RHT.H - Post by User
Post by
mulinekon Jan 13, 2019 10:22am
171 Views
Post# 29224681
Reading Charts
Reading ChartsLet’s look at the price action for the past week. And look at the weekly chart first.
Didn’t change much since the last post week ago. Below EMA(9) what’s bad but still above KAMA. CCI and RSI weakened but TSI still looking up. First line of Resistance - 0.65/1.06. Quite a lot of distance but it’s a weekly chart and needs time to develop into bullish/bearish trend.
And the Daily Chart:
EMAs and KAMA are stuck together . This usually is followed by more decisively move. Picture didn’t change much since the last week but Stochastics weakened as well as TSI. We need some catalyst , we all know it. Fibonacci Retracements 0.57/0.68.
60 Minutes Chart:
Just for some of you who like the charts. If you don’t want to open new positions you don’t need this one. I would wait with any new buying .
Let me repeat from the last post
: Reliq is and stays guilty until proven innocent . But it will provide us with the opportunity to make a great trades this year. I might be totally wrong off course so watch the
price movement and stay safe
Happy Trading