The most relevant chart is usually monthly one. For Glaxo this time there is no exception to the rule. Bearish macd and big volume in the fall places the stock in a bearish trend. However, overbooked indicators speak about the chance of a rebound during this downward trend.
Weekly. Look at the volume. That increase confirms the trend. Getting under 200 mobile median.
Daily. The idea is to take advantage of the rebounds to come for closing the longs.
Lifevest.
Top 1
side 1
sábado, 1 de noviembre de 2014
viernes, 31 de octubre de 2014
Lufthansa
Monthly chart reflects the consistent bearish trend in the stock. Stochastic and macd bearish, huge volume in the red candlestick by the end of october that the next candle is not able to overtake. Bad signs all of them.
Weekly chart speaks about the chance to visit the targets 12,40 and 14,80 once completed the fibonacci backard movement. Oversold indicators also point to the possibility of seeing the rebound.
Bearish indicators in daily chart introduce the idea of testing 10,60 again before the expected weekly rebound.
Lifevest.
Suscribirse a:
Entradas (Atom)





