The chart if the day is the Bradley Siderograph via kirklindstrom.com and serves as an useful tool to detect trend changes in the market. It doesn't indicate market direction but can be used to identify key inflection points. It is better used in conjunction with other indicators than in isolation. The key dates for 2016 are shown below:
Foran Mining (CVE:FOM) Share Price Passes Below 50-Day Moving Average of
$3.23
-
Foran Mining Co. (CVE:FOM – Get Free Report) shares crossed below its
50-day moving average during trading on Monday . The stock has a 50-day
moving averag...
4 minutes ago