Click for a larger image
Notice the following on the weekly chart
-- Prices have moved through the 10 and 20 week SMAs
-- The 10 week SMA has turned lower
-- The RSI was overbought but is now in neutral territory
-- The MACD is overbought
Click for a larger image
Notice the following on the daily chart:
-- Prices have broken through two levels of technical support this week
-- The 10 and 20 day SMA are both moving lower
-- The 10 day SMA has crossed below the 50 day SMA and the 20 day SMA is about to
-- The RSI is now oversold as is the MACD
2 comments:
Bank of America and Mr. Higgins missing $millions, It can happen to you, my fellow Americans
More info: http://www.maxhiggins.com/blog
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