1. Bearish AB=CD pattern.
2. RSI is already overbought.
3. Price is on top of Bollinger top band.
4. Gap that needs to be filled.
Monday, January 26, 2015
CEB may go down after this Bearish AB=CD pattern
CEB rallied today with a gain of 5.69%. But if you look in the chart below, there may be a possibility for this stock to go down because 4 bearish signs in the chart.
1. Bearish AB=CD pattern.
2. RSI is already overbought.
3. Price is on top of Bollinger top band.
4. Gap that needs to be filled.
1. Bearish AB=CD pattern.
2. RSI is already overbought.
3. Price is on top of Bollinger top band.
4. Gap that needs to be filled.
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