SP1 0.00% $1.07 southern cross payments ltd

thoughts on tomorrow's open??, page-24

  1. 124 Posts.
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    Only the very brave would attempt to make a short term prediction regarding ISX due to it's volatility.

    But here goes, my unqualified guesstimate is upwards on Monday.

    Reason for so bold a statement.

    According to my 10 Day Hourly Chart, Oversold Indicator and nice Candlestick bounce off the Lower Bollinger Band on late Thursday.

    On Friday we had the 7 Day EMA Crossing upwards, MACD Crossed upwards, and the RSI was attempting re-entry above 50.

    $1.00 seems to be somewhat of a Resistance Line at the moment, so we will see!

    Of course egg across face a likely conclusion for me!
 
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