After breaking the triangle on 21 Mar 07 and MACD crossing the zero centerline, this stock has push up to break its resistance at 0.325, 0.35 and its long term trend line resistance at 0.47 and reach its peak at 0.525. This stock has changed from downtrend to uptrend. With the market showing sign of weakness after recent rally, there may be profit taking going around for this coming few days.As long as the MACD staying above the zero centerline, it will be a good time to enter when the indicators show sign of moving up again.
No comments:
Post a Comment