ChartistsUnited

Please login or register.

Login with username, password and session length
Advanced search  

News:

Welcome to ChartistsUnited

Author Topic: CWT Distribution Limited 迅通配运  (Read 429 times)

0 Members and 1 Guest are viewing this topic.

PolarBear

  • Administrator
  • Hero Member
  • *****
  • Offline Offline
  • Posts: 1121
    • View Profile
CWT Distribution Limited 迅通配运
« on: March 01, 2010, 01:33:44 AM »

CWT Limited [2010-03-01] - $0.915

As shown on attached chart, stock price is making a higher low but daily MacD is making a lower low, this is considered hidden bullish divergence (see reference link). Daily Stochastics (12,3,3) has once again formed a bullish crossing on 24/2. This could give a positive signal for yet another round of rally

Resist - 0.965 | 0.99
Support - 0.875
Validity - 2 weeks or upon breaking of support/resist

Logged

PolarBear

  • Administrator
  • Hero Member
  • *****
  • Offline Offline
  • Posts: 1121
    • View Profile
CWT Distribution - 0.98 reached ! (current analysis closed)
« Reply #1 on: March 05, 2010, 11:23:51 AM »

Bingo! Stock has currently reached an intraday high of 0.98 , about a 7% gain :)

Cheers!
Logged