Wednesday, December 23, 2009

China Agri-Industries Holdings 0606


Rebound from recent retracement presented Higher High and High Low uptrend. Doiji followed by two white candles confirmed the rebound.
MACD 4R1G, RSI heading north to break 50%, Stochastic bullish crossover..all these confirm uptrend momentum is strong!
Bollinger Squeeze just about to start..if that happen, pay attend to the direction of the squeeze.

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