Posts
See it for yourself and make your own judgement.Support/Resistance:
Major resistance will be at $1.17. However it seems that the chart is going lower and might have a possibility to test the major support at $1.00
Indicators:
Looking at the MACD, RSI and Stochastic, the three indicators are very high for quite a while already. It is not a good buying opportunity.
My Target Price:
My target sell price will be $1.17. I am looking to sell all my holdings at $1.15. However if it falls to $1.01, I will be buying a few lots.
Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.
No comments:
Post a Comment