Sniace-Soc Nac Ind Aplic Cel ST: above its upper Bollinger band
06/02/2012 16:51
The configuration is positive.
Our pivot point is at 0.98.
Our preference:the upside prevails as long as 0.98 is support.
Alternative scenario:the downside breakout of 0.98 would call for 0.91 and 0.87.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day MA (respectively at 0.99 and 1). Finally, Sniace-Soc Nac Ind Aplic Cel has crossed above its upper daily Bollinger band (1.04).
Supports and resistances: 1.25 * 1.21 ** 1.16 1.042 last 1.01 0.98 ** 0.91 *
