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Friday, September 7, 2012

SYF Rebound with confirmation



Today it went up with a white candle after a hammer to provide some bullish confirmation after a bullish reversal

Next Resistance at 0.73/0.745 / 0.76 /0.8
Support at 0.645 / 0.62
 
In transistion to another blog page which rock more..
http://edwinstock-king.blogspot.com
 
 
 

Thursday, September 6, 2012

SYF Formed a strong Hammer ( Bullish Reversal)


SYF Formed a strong Hammer ( Bullish Reversal)




SYF formed a very strong hammer on the support line at 0.645. If today US indices goes green we can seem some action on this counter. We need to make sure there is a Bullish Candlestick ( White Candle) for confirmation.



Support at 0.645/ 0.62
Resistance at 0.73/ 0.745

Remember, in transition to moving to a new blogsite. Visit this new and improved blog..

http://edwinstock-king.blogspot.com/

Wednesday, September 5, 2012

Remember, in transition to moving to a new blogsite. Visit this new and improved blog..

http://edwinstock-king.blogspot.com/

CMSB UP UP AND AWAY!!!



CMSB closed at 3.5 and will testing the new resistance at 3.59. If there is any retrace it will show that the bull run has exhaust and possible to retrace.

MACD = Bullish  ...  Please monitor the MACD and if show 4G1R ( Better take some profit because it might run out of bull power and will retrace to the next support)

RSI - BULLISH
STO - Kissing ( Movement not sure)
Uptrend

Please beware and ready to take profit

Resistance at 3.6/ 3.7
Support at  3.46/ 3.25/3.05

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