royal mail - RMG. daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...V4RCisibDCcBuYEA0%3D
This looks bearish, possible early signs of a possible bottom, however this has a lot do, to turn bullish, real upside momentum only on a break on a end of day closing above 420p (falling daily)....being the 200 day ema line, and the mid term trendline...
above 420p>525p area.
Below 400p look for new lows.
400p>420p>525p...
Your looking to buy lower than 366p, i think with the current setup that is quite to happen....
unless this proves itself by closing above 420p...
atb, wdik, dyor,
trendfriend