Pages

Tuesday 3 November 2009

What's up with SDRA?

Today SDRA slided down by 10 points. Unlike its usual behaviour that it didn't follow the other to slide down.

This share is actually creating some reversal point as we're waiting the time of it to reverse. It's due to the MACD Histogram has been at the bottom most of the graph.

Where as the bollinger band is still holding the candle inside & it's above band. This will create a bollinger bounce soon as a reversal pattern. So there are two indicator that shows the reversal.

Just wait for the reversal...

Happy trading...^^
Disclaimer ON!!!

No comments:

Post a Comment

Please comment as you wish and share this if you like :)