it is almost a perfect timinig to make entry!, page-2

Click here to see our chart:
http://www.tradingcentral.com/chart/ACRAUD140604013954.gif
0.71 is our pivot point.

Our preference: short term rebound towards 1.19.

Alternative scenario: the downside breakout of 0.71 would call for 0.53 and
0.424.

Comment: the RSI is below 30. It could either mean that the stock is in a
lasting downtrend or just oversold and therefore bound to retrace (look for
bullish divergence in this case). The MACD is above its signal line and
negative. The configuration is mixed. Moreover, the share stands below its 20
and 50 day MA (respectively at 0.94 and 1.31). Acrux is currently trading
near its 52 week low at 0.85 reached on 03/06/14.

Supports and resistances:
1.406 **
1.298 *
1.19 **
1.081
0.85 last
0.779
0.71 **
0.53 *
0.424 **
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