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The Invisible
The Invisible
Posts : 2483
Join date : 2016-11-28
Age : 40

ASPI Status Update Empty ASPI Status Update

on Tue Jul 25, 2017 7:37 pm
Message reputation : 100% (1 vote)
ASPI Status Update Aspi_211

ASPI's RSI seems bottoming out with the formation of a rounded bottom. A couple of days with positive ASPI movement will signal a resumption of the ASPI up move.
The Invisible
The Invisible
Posts : 2483
Join date : 2016-11-28
Age : 40

ASPI Status Update Empty Re: ASPI Status Update

on Wed Jul 26, 2017 4:25 pm
Good signs were seen today. RSI improved to 42 and formed a tiny rounded bottom in RSI chart as well as MACD. Can the ASPI perform the same tomorrow as well. If so we can be able to smile again.
smallville
smallville
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Top contributor
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Location : Trying to figure out..

ASPI Status Update Empty Re: ASPI Status Update

on Fri Jul 28, 2017 7:47 am
Rounding bottom for MACD & RSI?

OMG!!!!!

_________________
I take risks as a Trader and I select stocks based on Tech and daily Cash in/out. Therefore, my methods may not suit u.. so DYO analysis before making any decisions.
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malanp
Posts : 515
Join date : 2014-03-04

ASPI Status Update Empty Re: ASPI Status Update

on Fri Jul 28, 2017 8:46 am
Rounding bottom done throu a plastic surgery.. better than narrow bottom.. Bottom gets rounded up automatically with the age..


Last edited by malanp on Fri Jul 28, 2017 8:53 am; edited 1 time in total
CK
CK
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Active Member
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Join date : 2015-11-01

ASPI Status Update Empty Re: ASPI Status Update

on Fri Jul 28, 2017 8:48 am
Yes small. I think it's a mistake. Rounding bottom refers to the price action as I know.

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:rounding_bottom_reversal
The Invisible
The Invisible
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ASPI Status Update Empty Re: ASPI Status Update

on Tue Aug 08, 2017 4:00 pm
ASPI entered into a deep oversold region today. With today's fall RSI now stands @ 20.
Ethical Trader
Ethical Trader
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ASPI Status Update Empty Re: ASPI Status Update

on Tue Aug 08, 2017 6:33 pm
Reversal of indices are imminent as per text books.
The Invisible wrote:ASPI entered into a deep oversold region today. With today's fall RSI now stands @ 20.
Backstage
Backstage
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ASPI Status Update Empty Re: ASPI Status Update

on Tue Aug 08, 2017 10:20 pm
I hate text books. Very Happy
Ethical Trader
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ASPI Status Update Empty Re: ASPI Status Update

on Wed Aug 09, 2017 11:31 am
Yes, no text book can teach us 100% fool proof methods, but they generalize natural patterns for easy reference. "What goes up should come down" as per scientific explanations of gravity. It can be applied to stock market as well. Similarly, it was observed over the years, that when RSI reaches the over sold region, indices are likely to bounce back. I treat is as a type of bottom for picking bargains.
Backstage wrote:I hate text books. Very Happy
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