Friday, May 20, 2016

$AMRN, ...New Fundamental funding the market

Updating the Triangle, the low level of calculation of space to negotiate (Business Gap Bridge) remains at 1.25, but the high level for the calculation to negotiate decreased to 1.99

The level of support is now 1.47, was 1.63 PRICE OVER

The level of auto-correction is now 1.62, was 1.88 PRICE OVER

The resistance level is now 1.77,  was 2.13 PRICE CROSSED TODAY

I've open 2 Aroon periods to calculated the length of performance, the short term become positive, the midterm still negative swing, mix signal here, new fundamental funding the price.

Volume strong, above the averages.

The negative continuous MACD indicator, but a very strong swing coming up, the price will cross the Bollinger Band Top on the next days (very strong).

The volume of operations related to the price (Volumen at Price) negotiated between 1.71 and 1.81 this showing that buyers accumulate more strength than the sellers.

These notes were translated using BING translator, warns doubts for this to be evaluated in books of finance, thanks again, study at least at Investopedia would help much to the new traders.
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