Tuesday, November 2, 2010

EDUCOMP - www.ashudutt.com

EDUCOMP - SHORT TERM: WEAK, LONG TERM: WEAK, PREVAILING BIAS: STRONG
Educomp has broken 550 and may be headed to 450. Short term charts are very weak and long term charts are weak. The volumes remain weak. The only time an uptrend may get established is if it can cross 600-610 with 3-4 times 3 month average volumes
Avoid as a trading play. If you have it, its better to switch to another stock with price and volume momentum
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