Forum Archive Index - December 2002
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[sharechat] FPH Chart
Trend indicators have given Sell signals for FPH. Anyone following these
signals would have made a 20% profit in 4 months, equivalent to about 60% pa.
The 3 indicators shown are a 40 day ema, a 40 day Williams'%R, and the Relative
Momentum Index. Note how signals from these 3 separate indicators coincide very
closely.
A winning trade like this is really only half the story. The other important
aspect of using these technical indicators is that they kept you out of FPH for
the six month period over which the shareprice halved.
Phaedrus.
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