PSE Ticker

Friday, April 11, 2014

Strong bullish sign for TEL?

TEL got a strong bullish sign via kijun-sen cross from Tuesday and was confirmed today. Based on the daily chart below, the immediate resistance is at 2773 and support is at 2741-2740. RSI is 56.8 which is still far from overbought. 

If you notice, there is a gap on the chart (yellow rectangle) that needs to close. The question is.., when? 




No comments:

Post a Comment