MDX
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10.5% 4.2¢ mindax limited

technical analysis

  1. oasisman82
    165 Posts.
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    17/11/09
    14:02
    Post #: 5924014
    Hi All, I'm a long term holder of MDX, way way way in profit, but recently I've been educating myself on technical analysis, about time!

    Anyway, I've been looking at the DMI indicator and would just like to point out what is currently happening.

    It looks like the +DM is about to cross below the -DM and the ADX is still above 20. Being a novice at all this stuff but willing to have a crack at it, if infact the +DM does cross below the -DM and the ADX is above 20 this would signal a downtrend...???

    MDX Price at posting: 49.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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