Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
May 25, 2014
SINA Bullish engulfing and Weekly support level
SINA Corp weekly chart shows price testing crucial support zone between 41 and 43
Daily chart shows a Bullish engulfing pattern.
Daily chart with macd shows positive divergence. Good upward momentum can happen only if price starts to trade above 50 levels.
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