KZL 0.00% 12.0¢ kagara ltd

Another feature we have not focused on was the recent "Death...

  1. 781 Posts.

    Another feature we have not focused on was the recent "Death Star" with the 45d EMA crossing down through a downward trending 200d EMA. Very strong sell signal here.

    But we now have mixed signals with MACD giving early indication of buy signal but it will have to break that "Uber" Significant downward trend line which the SP has touched more than half a dozen times and bounced down from, really really strong resistance, it seems to be very close to the 45d EMA.

    Could be a downward or falling wedge pattern forming, if this breaks out on the upside, the moves tend to be significant and fast.

    Could be good buying when the downward trend breaks but something is keeping it down.


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