Monday, December 11, 2006

 

CG Tech break down again...

This is daily chart of CG Tech. As expected in the previous post, CG Tech is in a bearish phase and Bull is not yet able to fight against the Bear. CG tech share price have broken down 14, 20 and 50ma, this is bearish for CG tech and the Head & Shoulder pattern is a warning that the share price could go down...

# posted by chua @ 9:36 PM
Comments:
downside is limited, to be supported by weekly MA 15 at .400.
# posted by Blogger TopTrader : 11:31 PM
 
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