roundhead322

roundhead322

After a prolonged sell off and consolidation that's been going on all day long, I think I can see some positive indicators that imply the sell off maybe over. This one is one to watch over the next few hours.

roundhead322

After a long consolidation ETN could be ready to move on up. There are some favourable buy signals flashing which could see ETN start to move up. One to watch.

roundhead322

SXP has been on a tear recently and long may it continue! Swipe has been consolidating gains for the last 5-6 years, but recent experience combined with some approaching favorable signals suggest SXP could be getting ready to continue it's march higher. If we move beyond recent highs at ~1440, I think the starting gun has been fired.

roundhead322

Okay, it would be nice if every chart looked as predictable as this does. Previous performance is no guarantee of future trends of course. But if this trend holds true we could be seeing another large increase in the next few days. This is all just my opinion of course.

roundhead322

The hourly chart is giving off some pretty strong sell signals. The leveling off of the price along with the bearish divergence on the stochastic indicator suggests this one is due for a correction after a long accumulation. The MACD is showing a pretty clear change in direction also. I've just sold mine, but I will keep an eye out for a return of the bulls in...

roundhead322

Enj looks oversold already. This one might make another leg up soon??

roundhead322

Could this be about to move upwards? The MACD is still unfavourable but the RSI suggests we may have wondered into oversold terrirtory.

roundhead322

Some of the common indicators such as the MACD and RSI are either at or close to buy signals. Is this a good potential entry point?

roundhead322 Updated 

Looking at the hourly chart, there appears to be some support around the 0.00014800 I am a noob, but I think a rally beyond 0.00016000 is possible over the next ~6 hrs. I am wondering if now is a good opportunity to buy, and use a trailing stop loss to help secure gains?