Friday, 18 May 2012

TechOil&Gas

TechOil&Gas
TechOil&Gas is travelling in a upward channel for quite some time.
It has been well support by the 200ma.
The moving averages seems to form a bullish pattern from 20ma at the top and 200ma at the btm.
However, do watch the 20ma cutting down the 50ma.
Watch for 0.865, if that value breaks down. it might not be so bullish anymore.


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