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JOHOTIN Currently Forming Bearish Reversal

Written By Unknown on Wednesday, 5 September 2012 | 9:35:00 am



Johotin currently retracing from the 2.14 resistance. Take some precaution

However if tomorrow it close negatively it will indicate that it has exhausted its bull power and high chances of retracing.

Uptrend
- MACD - Bullish Crossover
- RSI - Broke above 50% and testing 70%
- Sto - Bullish and testing the 80%
- Candle - A long white after a hammer


Resistance at  2.03 / 2.14 /  2.225
Support at 1.87 / 1.71/ 1.59 
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