Sunday, 29 May 2016

Check out this chart from StockCharts.com for $ZADOW

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Check out this chart from StockCharts.com for $CZH

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Check out this chart from StockCharts.com for $BSE

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Check out this chart from StockCharts.com for RBL

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Check out this chart from StockCharts.com for $BVSP

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BRICSA

lets review the compitition-

Brazil
Russia
India
China
South Africa

Check out this chart from StockCharts.com for $USD

Check out this chart from StockCharts.com for $USD



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RSI = L1 Grid Normal (transition)

Price = L1 Grid Frenzy (overbought) L2 Grid Frenzy (overbought)

Money Flow = na
Stochastic RSI =L1 Grid Frenzy (overbought)


Analysis - break through and rally back to the "ice line"bullish pennant

Conclusion - weakness 

Action - Sell  trailing stop