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Tuesday, January 25, 2011

Ann joo Freefall

1) Trend Line - Still below the downtrend line sigh....
2) HL - Broke the 50d ma and going down toward the previous higher low 2.8 (Danger)
3) MACD - Red alert red alert bearish..
4) RSI - Bearish to 50%
5) ADX - At 27 Marginally weak and bearish

Hold from buying because this clearly shows downtrend and high chances to go down further
Entry Price - Go up above 2.97 or wait till it rebound slightly above 2.8
Cut Loss - Now now !!

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