for MACD lovers, the 4CE chart from a MACD perspective...The...

for MACD lovers, the 4CE chart from a MACD perspective...

The last time the MACD crossed the SIGNAL was on 3rd September and we had a nice little run from 2.4 ==> 4.8c in around 8 -9 days. since then, there has been a gradual decline in the sp and with that the MACD... until yesterday where we managed to get the same results as 3rd Sept with MACD crossing over SIGNAL... also, the sp has crossed over the 20EMA in a similar fashion on both occasion, so that is another tick of approval... the only difference is the VOLUME (23m compared to 6m yesterday)...

we NEED FOLLOW UP today to keep the momentum going - a close ABOVE 3.1c today could be the perfect action... let's see if that happens...

Some nearby resistance levels we need to cross are @ 3.1/3.3/3.8/3.9c now...