Thursday, July 1, 2010

AALI - WAVE 5 DOWN

DON'T TRY TO CATCH A FALLING KNIFE!

AALI Wave 4 Symmetrical Triangle abcde has completed, Wave 5 Down has started with breaking down the triangle. Target Down Wave 5 is around 16,600 & 15,300.

A Trigger Buy will appear later if MACD makes Divergence: When Price Makes New Low, But MACD Golden Cross at Higher Low Level.