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....

3 comments:

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

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

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    Replies
    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

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