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Post# of 47295
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Monday, 05/14/2012 9:56:09 PM

Monday, May 14, 2012 9:56:09 PM

Post# of 47295
Good Evening Lowtrade

Possibly due to picture server failure, you were not able to see STXS chart, so I post it again to seek your opinion



It appears to be making falling wedge, is it?
if it is falling wedge, we enter at break of 1st resistence, which is around .41, we can make small entry at .36, am I correct?
our target should be around .6 as base of wedge is from .7 to .88
.88-.7 = 18
target .41 or .42 + 18 = .59 or .6
can we take advantage of gap up there to place target around .65?
MA`s are aligning themselves, and in week time or so they should be right position.
CMF imrpoving, stoch RSI has come out of red zone.
there is an interesting conflict in Stoch RSI and CMF, if I am correct in its interpretation?



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