Showing posts with label Z-obee 100602 1223pm. Show all posts
Showing posts with label Z-obee 100602 1223pm. Show all posts

Tuesday, June 1, 2010

Z-obee Falling Towards Major Support Confluence Zone

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Breakdown from the green inverted cup and handle target support band has resulted in a drop towards the major support confluence zone comprising of

1. 200 EMA

2. Light blue support region

3. 200 SMA

Trading range is expected within this confluence region.