week ending 7 july, page-4

Hi All,

Updated chart...

(1)Support has held strong at 2.10-2.11 range.
(2)Inverse hammer as expected occurred.
(3)Price sitting back at 2.2, bounce up from hammer.
(4)Next Long term resistance is at 2.40.
(5)Next Short term resistance is at 2.80.
(6)MacD and oscillator crossed negative, this will be corrected on today's charts by the present price action.

Note: I'm jealous i couldn't pick up extra shares yesterday...my accounts are being changed to a new broker...what a bad time to have arranged that!




as always...DYOR...read the bits at the bottom of the page!

Cheers,
Miike