HUI Closes Near The Highs For The Day
Which feels bullish to me. We also closed above the downward sloping 200 week moving average, which is currently at 201. Things get even better with a close up around 210, as that would be above the 50 week moving average. Here’s my first attempt at annotating a chart with some of my observations. I’m not a chart expert, so helpful advice appreciated if I’ve done anything wrong 🙂
All good there Northstar
Welcome to the World of Charts
Thanks. Good to see you posting.
Cheers Fully. I’ve been reading and learning over the last few years, but I tend to try to keep things simple and look at the bigger picture. My day job is weather forecasting, so I guess trying to predict the future is in my DNA 😉
Nicely done, Northstar – concise, clear, informative. Thanks.