Apr 1, 2013

Short term update

UPDATE: Hammer on the hourly chart and close above EMA50, MACD positive divergence on the 15min chart.... it looks good for now. The trend line was pushed a little bit lower. I did not know where exactly the bottom will be so I did not use stop. Now we know where the minor low is and with all positive signs it should hold - which means stop at 1557.

Long at 1561... no stop for now. Lower trend line and EMA50 at the hourly chart touched.

And the chart after the close....


  1. bat Krasi, na mene mi se vijda che e short (falling wedge) na dnevna, na takova mi prilicha ..

  2. pardon t.e. rising wedge .. no shte vidim

    1. neznam na men si mi prili4a na oste edno dvijene nagore... a na dnevna histograma ve4e korigira ot sumati vreme i si mislia 4e ste ima oste nagore topping 1-2 sedmici