Friday, March 31, 2006
New Wave as requested by feniz
Critical and immediate support is 21.5 cents as shown by the green dotted line. Next support is the pink line at 20 cents. RSI hovering just slightly above the oversold border of 30%. Stochastics in oversold region but no buy signal yet. Immediate resistance is 23 cents indicated by the red dotted line. Gap resistance at 23.5 cents followed by downtrend line resistance at 24 cents. Major resistance at 24.5 cents as denoted by the bold green line and also the 20 days close simple moving average.
# posted by Cherie : 10:27 AM
