Smart Review

Potential Double Top On Yamaha-Jp

23 February 2012 09:23:14 WIB

Yamaha-Jp

 

Hourly chart of Yamaha-Jp stocks movement potential form double top pattern. The confirmation level of pattern is in the baseline area at 747. If the baseline is broke the movement potential correction aiming the support at 733 until 714. That is also reinforced by stochastic movement was on the overbought area and likely down. But if the resistance at 764 penetrated, the pattern is failed and the movement potentially up aiming the resistance at 764.

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