This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
Sunday, 23 May 2010
Faz -(short-term?) reversal
On Friday Faz shot up to the 5/8 line and reversed to close below 50% in a bearish engulfing candle,suggesting a few days of consolidation or correction at least.
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