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Hu An Cable ST: short term rebound towards 0.005
Trading Central | 2016-03-17 01:19:00

The MACD is negative and above its signal line.

Our pivot point is at 0.002.

Our preference: short term rebound towards 0.005.

Alternative scenario: the downside breakout of 0.002 would call for 0.001 and 0.

Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is negative. Moreover, the stock is trading under both its 20 and 50 day MA (respectively at 0 and 0.01).

Supports and resistances:
0.007 **
0.006 *
0.005 **
0.005
0.003 last
0.002
0.002 **
0.001 *
0 **

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