If it will break down from the ascending support... This might form a rectangle pattern if mag bounce sa mga previous lows nya.
Advance Happy New Year! =)
Tuesday, December 27, 2011
PSEi - PSE Composite Index
Price forming almost equal highs and higher lows... Possibly an ascending triangle? January of 2012 might be a good start if it will breakout from the horizontal resistance line. But for now, sa level nya... overbought pa siya as you can see sa indicator and price kissing the upper band. Support at 43xx.
If it will break down from the ascending support... This might form a rectangle pattern if mag bounce sa mga previous lows nya.
Advance Happy New Year! =)
If it will break down from the ascending support... This might form a rectangle pattern if mag bounce sa mga previous lows nya.
Advance Happy New Year! =)
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