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$CHL - daily chart
$CHL - daily chart
By sobata416
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Sep 4, 2014
1
Sep 4, 2014
both the 13 (blue) and 34 (pink) Bollinger Bands are rising.
the 50 day MA (green) crossed up through the 200 day MA (red) in late July (gold vertical line); both MAs are now moving up.
the daily Williams %R is above -20 (see bottom panel); this indicates positive pressure.
based on these observations,
C
CHL
could see more gains in the near term.
upside levels to watch: $66.18, $69.16
downside levels to watch: ~$62, $60.94
CHL
sobata416
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