Citations

Charting tools and trading platform:www.colfinancial.com and fm.advfn.com

Citations and quoting my work is welcome.

Plagarism however, is not.

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Sunday, May 12, 2013

WEB MAY 12 2013


Disclaimer!
A spider has begun spinning his web back into shape. This stock is making it's move higher after consolidating for almost 5 months. We need to see if this stock will create a higher high and a higher low, plus establish a definite trendline. Note that Trendline 2 is tentative. we need it to be validated by a price touch in the future. Definitely the price touch should be at higher price. We now see RSI downtrend has depicted a break with price following the break from the range (not drawn but should be easy to spot). Macd showing some sign of momentum which is pretty good.

Again always check back your charts, as technical readings changes daily.

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