649bruno
看多

OLN REVERSAL? EVIDENCE SUGGESTS YES.

NYSE:OLN   OLIN CORPORATION COMMON STOCK
13 0 4
There was a sharp down-trend in OLN from December 7th, 2015 to the market bottom in mid February 2016.
Look to the far right on the chart, around $18.00 (follow the large red arrows). You will note a yellowish line on top (lips), with black dots below (teeth), and a blue line (jaw) below the black dots. Now, all three are rising, correct? This is where I ask you to use your imagination and envision these three items as the "separated jaws of a feeding alligator". This is a positive indication because the alligator is FEEDING in the uptrend.
I added a regression trend-line starting mid-February, 2016. A regression line is a "fit" which takes your data and predicts the direction. This is set at two sigma, or 95% of the trading action. As you can see, the trend has reversed and is UP.
Prices are trading above the thick red Ichimoku Cloud Conversion line. The thick red conversion line is also rising. The thick black line is the Ki jun-Sen baseline of the Ichimoku Cloud , which is rising and above the cloud. The indicator on the top of the page is RSI / Stochastic , and this is very strong.
The top middle indicator is vortex and it is VERY strong (green over red). The Top (bar-type) indicator measures the "phase energy" of the stock, and this has turned EXTREMELY positive. I have purchased this stock.
I will close with a quote from my old math teacher, who said I would use this line many times in my career: "You want fries with that?"
I hope this has been informative, helpful, and entertaining. May all of your trades go well. Don.
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
概述 個人檔案設定 帳戶和帳單 我的支援工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出