Friday, April 28, 2006
Landwind
RSI head and shoulder formation and weakening stochastics. Be alert and nimble. Immediate support is the doji tail at 55.5 cents. Immediate resistance is 58.5 cents. Next resistance is the blue dotted line at 61.5 cents.
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RSI shs is not so accurate, volumes analysis are much more important than anthing else except trend analysis. You may notice the volumes are contracting during correction, which augurs well. But think the vol needs further contraction untill to extremely low level, then it will be good for long.
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