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Sunday, November 7, 2010

BISI TECHNICAL ANALYSIS


BISI technical condition is 50-50, form symmetrical triangle. CANDLESTICK NEAR PEAK. If candlestick broke up UP SYM TRI line it can be BULL, but watch the volume. In recent days BISI had BAD VOLUME. I don’t think it can rise very high.

1.Form symmetrical triangle. BULL= candle Break UP, BEAR = candle break down.
2.Support (cut loss) 2075, Resistance (SELL) 2657. BUY at 2300.
3.MACD DOWN
4. RSI broke down 50% line.

My suggestion Buy if broke UP symmetrical triangle WITH HIGH VOLUME.

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