Sunday, April 16, 2006
Meghmani
Twice recently in February 2006 and March 2006 price exploded upwards when stochastics was in the oversold region. Now it is April 2006 and once again stochastics is in the oversold region. Immediate resistance is the support band at 34.5 to 34 cents. Next support is the green line at 33 cents. Immediate resistance is 35.5 cents. Next resistance is the resistance band between 36 to 36.5 cents.Will history repeats itself the third time?