On request of Sharif Omar I try to analyze GHAIL briefly. I have - TopicsExpress



          

On request of Sharif Omar I try to analyze GHAIL briefly. I have to wake up early in the morning for my job so I do not go detail. Ghail is clearly in down trend. The chart pattern that formed call “Bearish price channel (continuation)” chart pattern. The last two candle form “Bearish Engulfing Pattern”. Volume is very low indicate collation mood. For up trend it has to break its main trend line that is around 35 with a large volume. But good news is this the ADX and MACD indicator indicate down trend is nearly end. CCI , MFI , RSI, MOMENTUM and ULTIMATE look good. Wait for few days Ithink you will get result. Thank you very much. Good night.
Posted on: Fri, 23 May 2014 17:29:55 +0000

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