AI
Thursday, January 24, 2013 1:34:23 PM
CHLO Chart......Bullish Reversal pattern confirmed w/ today's white candle.......
Yesterday a Bullish Engulfing reversal pattern formed.......MA(20) Support held & CHLO bounced nicely.....
MA(10) resistance was tested yesterday......today that resistance has been broken......looking for a close above MA(10) @ 0.0556 today......that will turn it into support......
MACD hooking up & headed for a Bullish Crossover.......Fast Sto & RSI correcting nicely, showing there's room to run.......
The key today is for CHLO to hold on to it's gains & stay in the Upper Bollinger Band Bullish channel.......
Nice bounce off Upper BB channel lower support MA(20)/Middle BB.......
Looking good after a healthy Fib retrace........$$$
Yesterday a Bullish Engulfing reversal pattern formed.......MA(20) Support held & CHLO bounced nicely.....
MA(10) resistance was tested yesterday......today that resistance has been broken......looking for a close above MA(10) @ 0.0556 today......that will turn it into support......
MACD hooking up & headed for a Bullish Crossover.......Fast Sto & RSI correcting nicely, showing there's room to run.......
The key today is for CHLO to hold on to it's gains & stay in the Upper Bollinger Band Bullish channel.......
Nice bounce off Upper BB channel lower support MA(20)/Middle BB.......
Looking good after a healthy Fib retrace........$$$
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