Thursday, August 12, 2010 4:37:25 PM
Re: PUDA - 3Yr., WEEKLY Chart:
PUDA continues to test overhead resistance. While weekly RSI does not show any commitment to the bullish range, as the predominant trend as of late has dwelled within the 40-60 sideways range.
However, buying pressure is showed in the A/D, OBV and ChiOsc lines. These indicators may possibly indicate an early directional trend, although I would personally wait for some trend reversal signals from the daily or weekly RSI, IMHO:
- Dalcindo
PUDA continues to test overhead resistance. While weekly RSI does not show any commitment to the bullish range, as the predominant trend as of late has dwelled within the 40-60 sideways range.
However, buying pressure is showed in the A/D, OBV and ChiOsc lines. These indicators may possibly indicate an early directional trend, although I would personally wait for some trend reversal signals from the daily or weekly RSI, IMHO:
- Dalcindo
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