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

SLE daily 16/07/13

by in ChartsView Blog:
  • Font size: Larger Smaller
  • Hits: 2970
  • Subscribe to this entry
  • Print
If I was in a risk-taking mood I might buy this due to the RSI breakout but it would be a risk as price got rejected from the short term downtrend and the main downtrend is still some distance away.

The gap at 5p got filled nicely and there's been a decent bounce to produce that RSI breakout so a close above 6.65p (the previous high) would give a higher high after the higher low at the gap.

There's still that downtrend and 7.88p to deal with but it might be starting to get interesting here.
Trackback URL for this blog entry.


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

Leave your comment

Guest Sunday, 22 May 2022