Saturday, May 7, 2016

HEIDELBCEM


After the recent boost which I believe was another dead cat bounce. Looking at the HEIDELBCEM is testing a interesting levels.

The price has taken the mid term rising trend line at 542 level. Latest test of this trend line was in mid April of last year, here is a retest of that mid rising trend line and some sort of rejection. 

If we break back above the mid term rising trend line at 561 !! ?? we might retest the latest swing high 620 

If the price remain below that  mid rising trend line will bring focus to the next major long term trend line at 460 and that is favored . ALLAH vorosa



No comments:

Post a Comment