Then there is the MACD. I have calculated that when the MACD goes through the signal line on the up at any level below -0.2, that is a buy signal. Not quite there, but close.
Definitely a watch this space...
Wednesday, September 25, 2013
Is CabCharge a buy....technically getting there
Been looking at the technical indicators of cab Charge after my ROC checker identified it as possible buy. It has certainly dropped a lot of value so quite a few technical indicators are pointing that it might be undervalued. Firstly, the Bollinger bands...the price is cutting through the bottom band which is usually a buy signal.
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