Saturday, June 8, 2013

Is JM Finance ready for a down trend ?

JM Finance was in a  short term uptrend. But the format of Shooting star is a sign that probably this a end of this short term rally. A shooting star indicates that the stock wanted to move up but the sellers then contained it at a lower rates.

So in the coming days avoid any long ( up ) positions in this stock.


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1 comment:

  1. Very informative post for traders it is. I always ask market experts for their recommendations to manage my risk and return in a better way. Live updates are served by epic research also on social media platforms.

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