Just a quick question re : AAN - as the 200 ema on the daily
chart is the closest ema to the current price - would that be a
more appropriate target as opposed to the 9 ema?
hi Payday - yes currently the 9 EMA is above the 200 MA, however
the 9 EMA will come down quickly, it appears to be dropping about
75 - 80 cents a day, thus the 9 EMA should come down to or even
below the 200 day MA tomorrow.
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Trade Ideas
Posted by matt on 21st of Jul 2014 at 07:46 pm
MIC - Chart Link - some trade ideas to monitor, also included in the newsletter which has been sent out
TWX - Chart Link
DEPO - Chart Link
AAN - Chart Link
RCII - Chart Link
GCI - Chart Link
AUY - Chart Link
charts
Posted by winter39 on 22nd of Jul 2014 at 08:06 am
Matt,
Thanks for those clearly marked charts. As in Steve's charts, always helps in the learning.
AAN
Posted by payday on 21st of Jul 2014 at 10:24 pm
Hi Matt,
Just a quick question re : AAN - as the 200 ema on the daily chart is the closest ema to the current price - would that be a more appropriate target as opposed to the 9 ema?
hi Payday - yes currently
Posted by matt on 21st of Jul 2014 at 11:51 pm
hi Payday - yes currently the 9 EMA is above the 200 MA, however the 9 EMA will come down quickly, it appears to be dropping about 75 - 80 cents a day, thus the 9 EMA should come down to or even below the 200 day MA tomorrow.