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FJ Benjamin ST: short term rebound
Trading Central | 2016-06-21 22:46:00

Our preference: short term rebound.

Our pivot point stands at 0.053.

Our preference:short term rebound.

Alternative scenario: the downside breakout of 0.053 would call for 0.038 and 0.03.

Comment: the RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the stock is trading above its 20 day MA (0.07) but under its 50 day MA (0.08).

Supports and resistances:
0.123 **
0.113 *
0.104 **
0.094
0.074 last
0.058
0.053 **
0.038 *
0.03 **

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