STI has breakout from its top downtrend line on 31 Aug 07 and managed to find its support level at 20d EMA again.
Some are still wondering if the correction is over. Base on the chart, STI has reversed its trend during the breakout, crosses the MACD zero centerline and managed to find its support again at 20d EMA. With this, in technical point of view and past pattern, I would say that the correction is over.
No comments:
Post a Comment