Sunday, October 4, 2009

Citi


Medium term : Support 4.08 , Resistance 5.44

  • Weekly chart, MACD, stochastic, RSI rising. Stochastic approaching crossover .Doiji appeared, suggested to watchout for retrace to support at 4.08 in short term.
Short term:
  • Last Friday broke 20d MA , potentially heading for support at 4.08
  • MACD bearish, signal line dropping approaching center line.
  • RSI dropping. Stochastic bearish crossover just started.
PLAN:

While Medium term is bullish, short term moving south, suggested to long when the price hit support at 4.08. Priofit target 5.4

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