sounds good to me1 Sep 2017 11:59
Technicals at a Glance For Ferrexpo PLC (FXPO.L) Shares
September 1, 2017 Aiken Contributor
Investors have placed Ferrexpo PLC (FXPO.L) shares on watch as the Aroon Up indicator has moved above 70, indicating that there is strong upward momentum building for the shares.
If Aroon-Up crosses above Aroon-Down to the upside, it signals the beginning of a potential uptrend. When the Aroon-Up line hits 100, price action is making new highs. If Aroon-Up then remains stable between 70 – 100, while Aroon-Down remains between 0 – 30, it signals confirmation of an uptrend.