goldfinger
- 12 Jan 2010 20:42
jonuk76
- 10 Jan 2012 09:06
- 1794 of 3532
It's generally a bullish indicator, as would be the price itself crossing above and holding above a long term moving average. The 20 day MA naturally follows the price more closely than a 200 day MA. How you would look at it depends on the situation. It might be more relevant if a share that's been in a clear downtrend shows this, as it might be the early signs of a long term trend change. It might be less relevant in a share that's been in a directionless range over a long period, as these will tend to cross above and below averages quite frequently.
mnamreh
- 10 Jan 2012 09:09
- 1795 of 3532
.
skinny
- 10 Jan 2012 09:31
- 1796 of 3532
mnamreh - have a read about the
golden cross.
mnamreh
- 10 Jan 2012 09:43
- 1797 of 3532
.
mnamreh
- 10 Jan 2012 09:50
- 1798 of 3532
.
skinny
- 10 Jan 2012 09:59
- 1799 of 3532
There is no easy answer - from my own point of view, TA is a useful tool and not the be all and end all that some would have you believe - enter Limpy stage right.
I find the
death cross a more useful indicator.
In essence, in answer to your question - it depends on your definition of 'usual'.
mnamreh
- 10 Jan 2012 10:08
- 1800 of 3532
.
goldfinger
- 16 Jan 2012 08:10
- 1801 of 3532
Morning guys. Glad to be back.
goldfinger
- 16 Jan 2012 08:12
- 1802 of 3532
Shitty monday again, having said that mine are all blue with RRL storming along.
Short on VOD.
Roselea
- 16 Jan 2012 08:42
- 1803 of 3532
Glad to have you back goldfinger. Yes RRL going great at last. Did you give it a kick up the you know what, LOL
goldfinger
- 16 Jan 2012 09:08
- 1804 of 3532
Certainly did Roselea. Some say this afternon for news from AOI re- RRL spud.
Fred1new
- 16 Jan 2012 09:16
- 1805 of 3532
N,
In the present market, check the volumes to see if they support your "hopes".
Dil
- 16 Jan 2012 09:46
- 1806 of 3532
I think I just bought your short on Vod goldfinger.
goldfinger
- 16 Jan 2012 15:03
- 1807 of 3532
Just gone long on RR. Rolls Royce corker of a momentum chart and results announced as being on 9th of Feb. Looking for a good run up to them.
goldfinger
- 16 Jan 2012 15:11
- 1808 of 3532
goldfinger
- 16 Jan 2012 15:12
- 1809 of 3532
Hi Dill hope you do well on VOD then...not. Think we may see it fall to momentum med term of around 165p.
goldfinger
- 16 Jan 2012 15:23
- 1811 of 3532
Bottomed out on the chart up trend channel I mean.
Chris Carson
- 16 Jan 2012 17:18
- 1813 of 3532
Joined you today GF in RR. at 766.9 on the spreads. Already in BA. who report full year results on 16/02, bit of luck will rise together.