The $BKX moved up higher past resistance so it's pattern is a rising wedge up out of a rising wedge. It is riding up a steep slope of it's lower wedge trend line. It won't take much of a downward swing to break it out of this wedge pattern. Negative divergence is also showing up on RSI indicating the weakness of the trend.


edit post

Comments

0 Response to '$BKX Update'

Post a Comment

Free Website templatesSEO Web Design AgencyMusic Videos Onlinefreethemes4all.comFree Blog TemplatesLast NewsFree CMS TemplatesFree CSS TemplatesFree Soccer VideosFree Wordpress ThemesFree Web Templates