I think it's better to wait for weekly RSI 40 for the mean time.
I wasn't expecting the gap down today though.
Tuesday, May 24, 2011
FGEN
Good thing I checked FGEN's weekly chart despite the urge to buy after the four consistent pattern it was showing:
I think it's better to wait for weekly RSI 40 for the mean time.
I think it's better to wait for weekly RSI 40 for the mean time.
Got stopped out in FLI @1.21.
I really thought that the 10-min downtrend in LC is about to end when it went the other way around today so I decided to place a barat bid @0.78 which didn't get hit today.
121 bought up alot of shares yesterday @0.85. 121 sold alot of share today @0.83.
I'd probably add some in PX tomorrow if it starts recovering by then.
Finally some volatility in AGI! I am really tempted to buy some earlier but I didn't. I would be waiting for a confirmation tomorrow but if AGI drops to 10.50 levels, I think I would jump on it. Bullish divergence on the 10-min chart suggests a short term bottom is just around the corner.
Or place a buy stop in BEL? Range looks pretty good and can be traded.
I really thought that the 10-min downtrend in LC is about to end when it went the other way around today so I decided to place a barat bid @0.78 which didn't get hit today.
121 bought up alot of shares yesterday @0.85. 121 sold alot of share today @0.83.
I'd probably add some in PX tomorrow if it starts recovering by then.
Finally some volatility in AGI! I am really tempted to buy some earlier but I didn't. I would be waiting for a confirmation tomorrow but if AGI drops to 10.50 levels, I think I would jump on it. Bullish divergence on the 10-min chart suggests a short term bottom is just around the corner.
Or place a buy stop in BEL? Range looks pretty good and can be traded.