The negative divergence between the rising share price and falling MACD which we have observed for weeks is showing its colors. Price broke support at 78.5c provided by the 20dMA on 10 Jan and, in the last session, fell to test support at 76c…
About The Author
AK71 is a 38 years old business manager by profession. He started out using FA 100% in his approach to investments but it's only after learning TA that he realized his approach was incomplete. So, it's FA + TA now. He would like to retire in another few years from now. So, it would be nice to grow his wealth but, ultimately, creating a reliable stream of passive income takes precedence.
August 19, 2016
October 24, 2014
May 17, 2013