Eyeballthecharts

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    WPP possible daily swing trade

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    isatrader

    Posts : 30
    Join date : 2011-04-02

    WPP possible daily swing trade

    Post  isatrader on Mon Apr 11, 2011 9:19 pm

    This ones showing some nice divergences and bounced off the 200 day MA today and support. Possible one in the next few days if it shows signs of holding the support.

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    Wig

    Posts : 616
    Join date : 2009-10-02

    Re: WPP possible daily swing trade

    Post  Wig on Mon Apr 11, 2011 9:56 pm

    hi isa nice spot

    I've got this one on bull list from when it retested 740 level last month. Agree the level looks decent and ties up with 50fib from august lows if you're into new age remedies alien

    Looking at previous two touches of support which formed that W pattern through the second half of may, we saw a bullish harami then a bullish engulfing a clean 2 candle reversal in both cases, suggests tomorrow could be interesting.

    cheers
    Wig

      Current date/time is Sun Sep 23, 2018 11:18 am