Tuesday, December 18, 2007



Interesting review on how the trend has been recently -- RollerCoaster!


Notice how trend changes so fast once support/resistance is breached?


On current situation, it's downtrend till it's broken. Judging from previous patterns, it still has some downside in the trend but it has to hold at $5.00


Buying in at $5.00 would be a safe bet judging from the history of that support line but bear in mind, the price at 6.12 as it had been tested twice in this current trading zone but has yet breached it.


0 comments:

 

blogger templates | Make Money Online