Especially for Cool bro:
[mimosa] Hmm... seem like trending down from the above chart. If the price ever touch the support line, that mean it hits "lower low", that will confirm the down trend.
[mimosa] Seem like MACD will cross bearish zone if today don't close higher.
Expert Adviser Commentary below.
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Equis -Candlesticks
Review of PINE AGRITECH LIMITED (P78)
as of 7/17/2007
A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 1 white candles and 8 black candles for a net of
7 black candles. During the past 50 bars, there have been 10 white candles and 28 black
candles for a net of 18 black candles.
Three black candles occurred in the last three days. Although these candles were not big
enough to create three black crows, the steady downward pattern is bearish.
This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the
specified indicators. This information should only be used by investors who are aware of the risk inherent
in securities trading. Equis accepts no liability whatsoever for any loss arising from any use of this expert
or its contents.
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Equis -MACD
Review of PINE AGRITECH LIMITED (P78)
as of 7/17/2007
Current Statistics
Close: 0.620
Change: -0.010
MACD Value: -0.009
Signal Line: -0.010
The MACD can provide buy/sell indications in three ways, signal line crossovers,
overbought/oversold conditions, and divergences.
Crossovers
Currently the MACD is bullish since it is trading above its signal line.The MACD
crossed above its signal line 7 period(s) ago. Since the MACD crossed its moving
average, PINE AGRITECH LIMITED's price has decreased 4.62%, and has ranged
from a high of 0.670 to a low of 0.615.
Overbought/Oversold
The MACD is not in an Overbought/Oversold range.
Divergence
There have been no divergence signals within the last 5 periods.
This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the
specified indicators. This information should only be used by investors who are aware of the risk
inherent in securities trading. Equis accepts no liability whatsoever for any loss arising from any use of
this expert or its contents.
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