Google Ad Choice

Wednesday, February 9, 2011

Red or Green Packet for CNY??

Looking at the current trend it look like Red Packet to me :) 

1) Trend line - Downtrend (Bearish)
2) HH - Lower High Formed ( Bearish)
3) MACD - Below Zero and red above (bearish)
4) RSI - Down to 14.3% oversold (Bearish)
5) ADX - Weak Momentum, Sideway Trend but Bullish

 High chances of sideway trend but if this counter decides to become Red Packet (Bearish) it might go downtrend.

Stop Loss at 0.745 (S1) and 0.7 (S2)

No comments:

Post a Comment