MRM 0.00% 33.0¢ mma offshore limited

Chart has short term potential, page-231

  1. 12,650 Posts.
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    Yes its interesting .Particularly for me as starting to use some different methods in the tech side . @madmacs pointed this kind of a while ago when i couldn't quite work out where or maybe why my forty day linear reacts in scans i do .  Or plays with my thoughts cognitively.

    Kind of sorts the mental anguish you can have with technical indicators .

    Anyway on with as its not peoples prefered method also but if we are in visual bands short term perhaps long term indicators provide better indication for fundamentals .

    Like we know all lines will cross at some point in time . We kind of put it out there that pressure would come round the averages crossing in the fifty cent ranges . But why do they do it for our advantage if we can pick it .

    Im long only have not sold but like all stocks you kind of get attached to the chart .  Three charts of the short term moving averages daily weekly and monthly .

    I guess what we looking for is a rounded bottom in the long term chart to play out at a level the market recognizes the value .

    I have no idea if my sell buy signals shor term are of good accuracy to trade but they are becoming better for back testing the stock visually around pressure points perhaps .

    Like suzan has pointed if we become a trading stock with reliability i think it only bodes well for the longs ?

    Bull bear fights all the way

    mrm 4.PNG mrm 5.PNG mrm 6.PNG
 
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