seem to be in a triangle consolidation
with one more down to complete the triangle
before the final thrust up.
The final down can be either a deep or a shallow one.
TA also looks Overbought and in some
with negative divergences as in Tata Steel.
Wednesday, January 6, 2010
Stocks - Overbought with neg. div..
Stocks such as SBI, Icic bank & Rel Cap
seem to be in a triangle consolidation
with one more down to complete the triangle
before the final thrust up.
The final down can be either a deep or a shallow one.
TA also looks Overbought and in some
with negative divergences as in Tata Steel.
seem to be in a triangle consolidation
with one more down to complete the triangle
before the final thrust up.
The final down can be either a deep or a shallow one.
TA also looks Overbought and in some
with negative divergences as in Tata Steel.
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