Tuesday, 23 June 2009

Cosco


Risk/reward favours long now.

1) Previous reversals on 40EMA.
2) Closed with Doji Star.
3) Stochastic looking to crossover from oversold level.
4) Found strong support at 1.25 today.
5) Tomorrow's volume must be higher than today's volume (25m).
6) Will know tomorrow if this reversal will happen.

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