Sunday, February 21, 2010

Yanlord



Daiily chart:
  • Downtrend
  • Candles shown evening star and close below 20d is bearish
  • Indicators - Stochastic, 4G1R MacD and RSI are bearish
Short. Tareget support 1.56




Weekly Chart :
  • Candle failed to break 200d MA
  • MacD signal line cross below ctr. simlar to 15-2-08 suspect further downward trend.
  • Same with RSI below 40% on both dates
  • Caution - 1.62 is also 20m MA support
at

2 comments:

  1. Deer ChaserFebruary 21, 2010 at 6:39 PM

    Immediate support is 1.70, will challenge 1.79 and approach 2.00 again after breakthru ... :)

    ReplyDelete
  2. Ah GohFebruary 21, 2010 at 8:01 PM

    thank you !

    ReplyDelete

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