Tuesday, May 13, 2008
Sorry if my chart looks messy. I just thought of including the bollinger band cause it seems to show the Resistance and Support pretty clearly.
To me for short term, 5d MA seems acceptable but then it's subjective and differs from individual. Last closing broke 5d MA. Not very nice, but not totally hopeless.
Support as seen from bollinger band is near 0.72, which is supported by the candlesticks as shown.
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1 comments:
Interesting chart.
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