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Tuesday, February 22, 2011

Who wants RED PACKET ...



OMG this is more like RED PACKET to me

Observation
1) Trend line - Downtrend ( Bearish)
2) HH - Formed lower low ( Bearish)
3) MACD - BEarish
4) RSI - Bearish and testing the 30%.. If break below super bearish
5) ADX - Weak momentum and bearish

Conclusion
Watchout for the next support at 0.67 (S1) and 0.62 (S2)

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