September 17, 2010

CNX IT Candlestick analysis

  • Candlestick pattern at the top looks weak for CNX-IT.
  • Trading below 5 day ema can give good correction.
  • Look how the day opened below yesterday's open and closes below the previous candlesticks opening price, when these at the top of the trend usually gives us warning of an impending correction. 

No comments:

Post a Comment