Swiber has been moving above the three moving averages (20D, 50D and 200D MA) recently and is currently testing a critical Resistance at about $1.053 (78.6% Fibonacci Retracement Level). The current chart is not able to confirm the breakout is successful until this resistance is broken with surge in trading volume.
- Post author:Marubozu
- Post published:September 16, 2010
- Post category:Swiber
- Post comments:0 Comments