Friday, October 3, 2014

RH Petrogas (technical)

RH Petrogas: Chart seems undecided now, but downtrend may seem more probable than uptrend, as 1) price is currently at resistance (200 MA, at $0.70). 2) MACD points towards a downtrend, and 3) supposing price breaches above the 200MA, it might be capped by next resistance at $0.75

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