Sunday, March 15, 2015

JFC March 13, 2015 Continue Downtrend or Reversal Soon?

JFC  P210.80

-  Based on COL setup
-  JFC price sitting at a strong support at P210 area-  next major support could be the MA(130)
-  RSI(14) and MACD, bearish



-  Based on the 50ma Bounce Play
-  Bearish, but RSI(30) is holding
-  Price could hold and bounce at this level
-  If RSI(30) and P210 breaks, 50ma weekly could be the next support.

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