Sunday, October 08, 2006

 

CG Tech to pullback?

This is daily chart of CG Tech. As we can see from the chart, CG Tech is at the upper end of the uptrend channel and all the technical indicator CCI, stochastic and RSI are in overbought region. A pullback could bring CG Tech down to the lower end of the uptrend channel if it not able to break up from the channel next week...

# posted by chua @ 4:30 PM
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