Cookie Policy

Chartsview Blog

The Latest Blogs from Chartsview

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Tags
    Tags Displays a list of tags that have been used in the blog.
  • Bloggers
    Bloggers Search for your favorite blogger from this site.
  • Archives
    Archives Contains a list of blog posts that were created previously.
  • Login

KAZ daily 23/07/13

by in ChartsView Blog:
  • Font size: Larger Smaller
  • Hits: 3119
  • 0 Comments
  • Subscribe to this entry
  • Print
3119
Picture
KAZ formed a higher low at 240.9p a few days ago and closed at the day's high today suggesting further rises tomorrow. There's also been an RSI breakout following a bullish divergence, and a close above 283.9p would mean a 123 low breakout so there's plenty of bullishness here at the moment.

Any long entries (whether immediate or on a 123-low trade basis) should have stops below that higher low but mind out for the down channel resistance at 297.5p. I wouldn't be at all surprised to see this gap up tomorrow after such a strong close that could provide a good long entry too.
0
Trackback URL for this blog entry.

Comments

  • No comments made yet. Be the first to submit a comment

Leave your comment

Guest Sunday, 22 December 2024