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Novadaq Technologies Inc. Message Board

  • e11ndofwar e11ndofwar Jun 4, 2014 9:16 AM Flag

    One other point

    I have never been a technical day trader so I am not firmiliar with the tools they use. That said, there is one thing they monitor which is important to them. That is when the 50 day moving average crosses below the 200 day moving average. There is a name for this situation which alludes me. The current 50 day moving average is at $17.53 and the current 200 day is at $17.39. Unless things change, they will cross shortly. At the same time the RSI has once again crossed below 30, which usually indicates an oversold position.

    As mentioned in a previous posting, there are some investor presentations scheduled this month; namely, William Blair on 6/10, Bloom Burton on 6/18, and JMP Securities on 6/24.
    regards endo

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