OCDI critical

Weekly:

- weakness is apparent.

- Sell signal would be confirmed by trading bellow 79.74

- General trend is changing once a sell is confirmed the coming week starting 24May2010

 

Daily:

- We sold this stock when traded bellow 94LE

- We wished for a rebound around 86.52LE, but the stock traded bellow that, and to be confirming this Sun. 23May2010

 

Comments:

- I expect a short term re-entry to be within the 80~82LE

- I expect the stop to keep its medium term trend (UP)

- One should really keep a close eye on the trading levels of this stock though

- We surely could have made good money shorting on the market these days.

- We would NOT have gone short yet on this stock though.