Thursday, September 8, 2016

$AMRN, ...Long Green Triangle Updating, September 8, 2016

September 8, 2016

Finally the price cross UP the Self-Correction Level at 3.24
This level is controlled by buyers, but when the MACD cross 0.05 sellers will start closing Long Position and start Sell Short position.
Changing the Trend Performance from Neutral to Uptrend.

If the first MACD positive histogram MACD (simple moving average), the price is above SMA-20, as now, ...then the price will go up to Bollinger Band TOP.

Price calculated for a new 52-week record high is 3.60 to 3.68.

The Aroon indicator still on a negative average. The Up still moving down.

The +DI 13 -DI 13 crossed for a new trend change mode, with a strong performance.

Stochastic moving from 48 to 71, strong performance.

We have in a new Green Triangle with 52-week high target at 3.46, almost cross Bollinger Band Top, next two (2) business days the rally will hit a new 52-week high record.




                                      



The Aroon indicator still on a negative average. The Up still moving down.

The +DI 13 -DI 13 crossed for a new trend change mode, with a strong performance.



 As soon the MACD cross the level of 0.04 for 60 minutes chart the seller will start closing Long Position and taking profits, sell short position will show up strongly 


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