Juniors When to sell NAK
When ADX black is high above 50 to 60 range time to take profit regardless. If one is in love with stock keep some.
When green +D1 goes high and red -D1 is at 5 on weekly should be the sign to get out.
My old post on the subject:
Nicely played Bikoo, and thanks for the TA tip. Any more basic pointers for the rest of us on what ADX is and how it can improve our entry and exit points?
Entry is when green is above and black and black is above 20 pointing upward. Use 20 HL line as a guide.
http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:average_directional_index_adx
Thanks Bikoo.