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Hu An Cable ST: short term rebound towards 0.005
Trading Central | 2016-04-08 02:48:00

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

0.001 is our pivot point.

Our preference: short term rebound towards 0.005.

Alternative scenario: below 0.001, expect 0 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 above its 20 day MA (0) but under its 50 day MA (0).

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

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