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Wednesday, January 26, 2011

TWS downtrend too









Observation
1) Trendline - Downtrend line
2) HH - Testing the higher low at 6.64 support line ( Break this next support at 6.45)
3) MACD - Bearish
4) RSI - Bearish
5) ADX - High momentum at 46 and bearish

Conclusion
Hold until it rebound on the support line at 6.64 or 6.45 and break the Down trendline and if tomorrow close higher entry price will be at 7.05


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