Wednesday, June 30, 2010

AXA : Update 010710



Monthly chart. For perspective not trading. Prices seem sto be out of the red support line. $5.00 may still be reached to close off the gap on the weekly chart as well. However, stochs on daily chart has rise from O/S levels. Maybe a bounce, a correction. Weekly stochs as per previous post is in consolidation near O/S levels. A base maybe forming. However volatility in weekly prices may be wide and may cover $5.00. Be watchful and let the stop be the stop.

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