KTD 2.86% 18.0¢ keytone dairy corporation limited

This is the Software on ANZ pro, it snaps the trend lines to the...

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    This is the Software on ANZ pro, it snaps the trend lines to the points, so I cant finesse it.

    But its got a clear uptrend channel, with that previous lower trend in a tight uptrend channel.

    The top of that lower channel predicted the bounce off 50c, and as we are both looking at all indicators as a guide, its pretty much on the top of that lower channel again right now.

    The Daily MACD can be interpreted a few ways, some use the trip point cross as the most important point of a MACD, but I use overhang, meaning a MACD dosnt stay one side forever, it goes one way a while and then the other for a while, but that While is what I reckon should be estimated to its time limit expectation before flipping the other way again, so If its been one side a while, it becomes overdue to flip. At the Point where its in an overdue state, I call that overhang, meaning its on borrowed time after its been one side too long.

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    Last edited by ChippyDude: 09/10/18
 
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