Tuesday, November 2, 2010

RCF - www.ashudutt.com

RCF - SHORT TERM: STRONG, LONG TERM: WEAK, PREVIALING BIAS: STRONGIf RCF breaks 110, it has a clear short term trend. The trend is backed by volumes. The longer term trend will require the stock to stay above 110 for about a month. The stock has spend over 6 months in the 80 level. If you have it, hold it. If you plan to buy it, wait for it to cross 110 at 3-4 times average 3 month volumes

Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)