AI
Tuesday, February 15, 2011 2:46:06 PM
Mac here is how I see the chart:
SAVW - is in a full dead cross 50 MA continues to fall and we are trading well below the 50. Bolly Bands are getting wider as each day of selling passes. If we were to start to move up 008 would be our first point of resistance then 01 with another major resistance @ 012 ( which where we may see the selling once again).
The RSI is in a buying zone and is still headed south , if it reaches below 30 that would trigger an over sold signal. Both MAC D and CMF are in negative territory.
SAVW bearish.
SAVW - Daily Candlesticks
SAVW - is in a full dead cross 50 MA continues to fall and we are trading well below the 50. Bolly Bands are getting wider as each day of selling passes. If we were to start to move up 008 would be our first point of resistance then 01 with another major resistance @ 012 ( which where we may see the selling once again).
The RSI is in a buying zone and is still headed south , if it reaches below 30 that would trigger an over sold signal. Both MAC D and CMF are in negative territory.
SAVW bearish.
SAVW - Daily Candlesticks
Didn't do your
DD, did you !
