Earlier in my SMP FB Page post…
For the veterans u know the drill: We got a new baby. New investors cautious play po. cautious = tba (no date yet) 264 more words
2 days, 13 hours
Despite heavy selling from their brokerage house, mbt have managed well and have tested to break both price consolidation (possible handle) and its rsi wall.
3 days, 12 hours
TEL Daily. note gap at 2780 to 2794 with rsi wall pointed.
4 days, 11 hours
4 days, 12 hours
Marc Daily. Early sign of rsi breakout.
RFM Weekly. Recovering from rsi weekly bearish divergence
For karma purposes: Got long position on rfm
Using the 20% rule coupled with bullish divergence.
From the high, 11.46 x 0.80 = 9.17 (+- a few fluct), a bounce is possible.
use rsi level 45 (in red line) as target for bounce (if indeed it will)
Divergences and its faces
5 days, 7 hours