The D, 4hr and 1hr RSI's are all above their 50 levels, 1hr pa is on higher low/higher highs for a short term uptrend. We have had a D higher low since 1 June.
Tuesday, July 17, 2012
GU 17 July
GU broke through its upper TL on D seemingly on the back of a news reaction. It has stopped at our R level 5670. Recent highs over the last month could just as easily see this R level at 5700-5770.
The D, 4hr and 1hr RSI's are all above their 50 levels, 1hr pa is on higher low/higher highs for a short term uptrend. We have had a D higher low since 1 June.
Our rules now say its a buy focus until we get good pa to again suggest sell.
The D, 4hr and 1hr RSI's are all above their 50 levels, 1hr pa is on higher low/higher highs for a short term uptrend. We have had a D higher low since 1 June.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment