Tuesday, April 19, 2016
ION is simply holding on to its support
The annual report was out but seems not enough to push ION's price. Now our hero is holding to its supports:
- MA9: Hold on to your dear life (haha!) you are about to enter the bear zone.
- Support: Drawn the line and ION is resting on it. C'mmon show some strength tomorrow!
- MACD: Almost but not quite! Failed to cross.
- RSI: Nevermind. (LOL!) Simply because it is pointing down.
It is a gloom for BLOOM
Underperformance for the gaming sector and with no surprise, bear is in BLOOM!
Though RSI showed some hope, I think it is a DCB (dead-cats-bounce) so I wont get deceived. There are 2 "weak" support that I can see (4.15 and 3.9). I feel 3.9 is the next stop so I will just watch on your Mr. BLOOM.
MA9, MACD and RSI are telling you ALI is bear
My 3 favorite indicators, MA9-MACD-RSI, are telling me to avoid ALI. RSI is pointing down, MACD failed to cross and now widening the gap and the last candle for ALI is below MA9 line.
I drew a line at 33 which possibly the next stop.
By the way, look at the VOLUME as well. :-) Happy trading!
I drew a line at 33 which possibly the next stop.
By the way, look at the VOLUME as well. :-) Happy trading!
Subscribe to:
Comments (Atom)

