Disclaimer

All postings and comments are based on my personal opinion. It is purely for sharing purpose and no inducement for any buying or selling.
http://www.emailcashpro.com
Showing posts with label First Resources. Show all posts
Showing posts with label First Resources. Show all posts

Saturday, May 31, 2008

First Resources

First Resource has closed at 1.17, it is currently supported at 1.12 (50d EMA) and resistance at 1.23 follow by 1.29.

MACD is currently above zero centerline and RSI is above 50%, so short term uptrend still intact. Overall, chart looks positive.

Enter at 1.17, set cut loss at 1.10. Likely to test 1.29 again.