Positive MACD, 10-50EMA crossover and relative increase in Volume for the last 3 weeks should support bullish momentum.
Friday, February 11, 2011
RAD Bullish case on weekly chart
RAD weekly chart with old high & low Fibonacci retracement levels helps us to explain bullish action today and set a short term target (resistance) at ~$1.54 and a medium term target at ~$1.74.
Positive MACD, 10-50EMA crossover and relative increase in Volume for the last 3 weeks should support bullish momentum.
Positive MACD, 10-50EMA crossover and relative increase in Volume for the last 3 weeks should support bullish momentum.
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