Thursday, June 27, 2013

CMA (technical)

CMA - Technicals looking positive for further upside with RSI and STochastics all hooknig upwards from OVersold territory, while ADX appears to be exhasuting, indicating that the current downtrend is over. Counter appears to have bounced off its downtrend support at $1.70 and near-term resistance could be seen at $1.86 (20 day MA)

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