>

Wednesday, July 22, 2009

KRE - REGIONAL BANKS

kre / daily eod




well, got the bounce mentioned yesterday. but take a closer look with the next chart







kre / 15m eod

textbook example of a dead cat bounce. thing is imo, even if a sizable gap down at the open, it could still be caught and turned back for a dbl bottom. you just know the value players are liking the risk/reward on this laggard

  © Blogger templates ProBlogger Template by Ourblogtemplates.com 2008 (code extensively modified by blog author spytechnicals)

TOP