Chart Pattern - neutral
Volume - good
Indicator -
ADL - going up - good
OBV - going up - good
ADX - Downtrend weakening - good
When trending, look at following indicators
MACD - Histogram divergent
Observation
Still downtrend, but weakening. Wait for divergence.
WEEKLY
Volume - good
Indicator -
ADL - going up - good
ADX - Downtrend weakening - good
When trending, look at following indicators
MACD - Histogram divergent, MACD divergent - good
RSI - >50% - turning bullish - good
OBV - going up - good
Observation
Still downtrend, but going into sideways soon. Some signs of reversal starting.
DAILY
Chart Pattern - neutral
Volume - consolidating - good
Indicator -
ADL - going up - good
ADX - <20 -="" going="" good="" p="" positive-="" sideways="" to="" turn="">When sideways, look at following indicators
MFI - at trendline - take note whether break down or bounce up
Stoc - 50% - take note whether break down or bounce up
Observation
Sideways trading in range 0.117-0.155. Beware of resistance at 0.167.
CONCLUSION
Accumulate at lower 50% band of trend
