TechWatch-esgee: ASI - On a major pivot of 6490

Friday, August 11, 2017

ASI - On a major pivot of 6490

ASI - Is on a major pivot area of 6490. RSI is below 20 points, show that it is in an oversold area. However this we have seen on the ASI many a time. We need to see a recovery stage before any upside. Till then 6460 and 6360 are areas to watch.

No comments:

Post a Comment

Welcome to TechWatch-esgee..............

This blog was created by me somewhere in July 2007, I did some posts on the ASI and some stocks back then, but through discouragement, and less focus, I did not post continuously. Which I regret now. At last I'm back again, and hopefully I will continue from now on for a longer period of time. In the mean time I like you to read what I wrote when I first created the blog back in 2007, and it goes as follows......... Hi, the Colombo Stock Market is a great place to generate good Returns on Investment. But people have cried fowl about the market as, it's manipulated, rumour driven, front run, have insider dealings etc.etc. Well no one can stop those allegations, when people are relying only on verbal and printed information. This had been the norm from the time the Stock Market was opened in this Country more than a century ago. But since of late a small crowd of people started to study how the Technical Charts and Information can be made use of in the Stock Market. It is certainly proving to be working. Purpose of this blog is to create more awareness in the soceity to start investing, with sound information, without only getting fooled by rumours and other factors. I'm really happy you visited this blog. If you can benefit out of this, I'm sure your friends would do too. Please bring them in as well......

Friday, August 11, 2017

ASI - On a major pivot of 6490

No comments:

How Algos React Faster Than Humans in the US/Israel vs Iran Conflict