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Zalicus AŞ Message Board

  • watchlearn1 watchlearn1 Feb 9, 2012 10:33 AM Flag

    Level Three Time Price Momentum Readings

    Time Price Momentum is measured by simple moving averages. There is a trio of 3 averages for each Time Price Level. Yes there is momentum on all Levels to one degree or another but that gets way too confusing very quickly so I'm just using Level Three here.

    The Relative Velocity on Level Three is +3 which is the highest reading on a scale of :-3 to +3. However; the Absolute Velocity is zero. Currently there is a lull of momentum which will create a dip most likely to around 1.07 or so. That wil take ZLCS to the Time Price coordinates of: 6U 2D (chronologically) at the floor of the dip.

    Then the rally will start up again. The upper price target is above 2.00 with a few stops along the way there.

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