Friday, August 13, 2010 2:39:54 PM
Re: GOOG - Bearish signals
TA:
13 AUG 2010 - TECH-NOTE: STRONG bearish signal per following:
1 - RSI prints a lower high as it attempts to cross its 45-EMA line
2 - RSI fails rally above its 50-line
3 - Price fails to rally above its long-term trendline and weekly 20-EMA,
4 - Secondary indicators are pointing downwards since recent rally, suggesting continued weakening,
5 - A/D, OBV and CiOsch are favoring selling side per their 21-EMA
GOOG - 36-Mo., Weekly Chart:
- Dalcindo
TA:
13 AUG 2010 - TECH-NOTE: STRONG bearish signal per following:
1 - RSI prints a lower high as it attempts to cross its 45-EMA line
2 - RSI fails rally above its 50-line
3 - Price fails to rally above its long-term trendline and weekly 20-EMA,
4 - Secondary indicators are pointing downwards since recent rally, suggesting continued weakening,
5 - A/D, OBV and CiOsch are favoring selling side per their 21-EMA
GOOG - 36-Mo., Weekly Chart:
- Dalcindo
Dalcindo's Public List
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
