Monday, March 01, 2010 12:34:33 PM
Re: $RIFIN - At Critical HIGH; Meets Resistance:
RIFIN made a lower high in the first week of JAN 2010; broke support in the third week of that same month, and is currently testing channel high, while MACD is mimicking the same with its own overhead resistance line.
If the current trend continues, the expectation is for another low once RIFIN is done carving out another lower high.
Outlook - BEARISH
- Dalcindo
RIFIN made a lower high in the first week of JAN 2010; broke support in the third week of that same month, and is currently testing channel high, while MACD is mimicking the same with its own overhead resistance line.
If the current trend continues, the expectation is for another low once RIFIN is done carving out another lower high.
Outlook - BEARISH
- Dalcindo
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