Thursday, January 14, 2010

Yangzijiang Triple Divergence



Caution Stay Alert

MACD, RSI and stochastics showing divergence pattern. Ship sailing against undercurrent. Need to clear 1.25 strongly to challenge 1.28 double top formation. Be nimble in case undercurrent overwhelm ship and cause change of bearings towards 1.20 again. A strong break of the light blue support will confirm the double top formation.

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