KZL 0.00% 12.0¢ kagara ltd

due for a bounce, page-20

  1. 781 Posts.
    Sorry, have removed Photobucket site link. Chart only is a bit clearer.

    Chart 1
    Not sure if this is something to get excited about.
    First chart shows last 6 times Bollinger bands have converged (since Nov 09) the SP has blipped up.

    Photobucket

    Next chart is a bit larger shows MACD crossed up through MACD Signal line, a possible buy sign a few days ago, and a change the SP will test the 45d EMA.

    Photobucket
 
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