Wednesday, August 29, 2012
Viz Branz (technical)
Viz Branz: Technicals look bullish after counter reversed from oversold levels on a Marubozu. Stochastics is now higher after a positive divergence and still looks to head higher. MACD is recovering from a bottom and will enter positive territory soon. RSI is also pointing up above the 50 mark. Counter will likely test resistance at $0.74-0.75 lvls within the nxt few days. Support at $0.64 region.
Longer-term trend is still bullish.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment