Quice Food Mid Term Analysis 18 Feb 2013

QUICE

QUICE FOOD Downside Pervails Our Prefrence: Downside pervails as long as 9.72 is resistnce with target at 7.28 and 5.14 Alternative Scenario: Breakge of 9.72 will call for further upward move to 12.30 and 13.92 Note: QUICE Food is capped by a strong trend line and is moving in a downward channel which drives it downward. As long as it can not close above 9.72 its bearish and is moving toward 7.28 and further 5.14 to retest lower bands of its trend channel. Currently its dropping from fulfilling its 50% correction/retrace 9.68 wich is 50 % of move from 11.90 to 7.30. Its also generating Head and Shoulder formation with Resitant Trend line in weekly chart which is also a sign of further drop.

RESPONSIVE 12 CSS 3 HTML 1 JAVASCRIPT 28 DESIGN 6 DEVELOPMENT 3
Share Post:

3 COMMENTS

reply

John Doe

June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.
reply

Diana Doe

June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.
reply

Melissa Doe

June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.

Peter Doe

June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.

LEAVE A COMMENT

Explore