PSE Ticker

Monday, December 8, 2014

A bounce from IS?

It seems 0.53 acted as a strong support and was tested thrice. Last candlestick seen last Friday (12-05-2014) closed above the resistance (0.60) which is a good sign that the bulls are back.

Current resistance is 0.64 then 0.68

Observe the RSI (48), there's a bounce from its trend line.

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