Home > heikin-ashi > Heikin-Ashi trends: Good bank? Bad bank? #markets #trends #trendfollowing

Heikin-Ashi trends: Good bank? Bad bank? #markets #trends #trendfollowing

April 18, 2014

 

Prices are generated by perceptions.

When you see a Buy or Sell in the paper or in a report or article, act as President Reagan did: Trust but verify.

You may be too early or too late.

 

Use Heikin-Ashi for an unbiased view of the trend.

 

German American Bankcorp (GABC) monthly chart

  • Bullish.
  • Waiting for a Heikin-Ashi confirmation (blue circle).

 

 

City Holding Co. (CHCO) weekly chart

  • Forget: Not ready for a long entry (see haDelta in the lower pane).

 

 

Access National Corp. (ANCX) monthly chart

  • Forget: Not ready for a long entry (see haDelta in the lower pane).

 

 

Eagle Bancorp Inc. (EGBN) weekly chart

  • Bullish.
  • Waiting for a Heikin-Ashi confirmation (yellow circle).

 

 

Southside Bancshares (SBSI) monthly chart

  • Forget: Not ready for a long entry (see haDelta @ resistance in the lower pane).

 

 

 

 

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