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08/04/09
14:08
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Popping up a chart of DYE - Dyesol...
Looking very bearish to me - once again tried to break through the 88c barrier with no luck. Shall now continue to fall back down, much further imo.
MACD about to cross into negative territory (bearish)
RSI continues to drop, while picking up momentum (bearish)
Volume dwindling, with no buyers (bearish)
Multiple chart top (bearish)
As you can see, it's not looking real good for DYE, not a stock that I would want to be long on.
Best of luck.
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