Cookie Policy

Chartsview Blog

The Latest Blogs from Chartsview

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Tags
    Tags Displays a list of tags that have been used in the blog.
  • Bloggers
    Bloggers Search for your favorite blogger from this site.
  • Archives
    Archives Contains a list of blog posts that were created previously.
  • Login

GKP daily 13/08/14

by in ChartsView Blog:
  • Font size: Larger Smaller
  • Hits: 1994
  • 0 Comments
  • Subscribe to this entry
  • Print
1994
Picture
Finally we have a possibility of some direction here. Yesterday saw the first close above the downtrend resistance from 260p and the first close above the 200SMA since 18 Feb 2013.

In addition, the indicators are all looking positive with the possibility of the MACD histogram crossing the zero line (the lines are also above zero which is also bullish).

The RSI hasn't yet broken out from the downtrend from 450p and the 50SMA is still some way off a "golden cross" over the 200SMA so there's still some way to go before we could see substantial gains IMHO
0
Trackback URL for this blog entry.

Comments

  • No comments made yet. Be the first to submit a comment

Leave your comment

Guest Sunday, 18 November 2018