LR – Potential Bearish Butterfly [Concept]

24 Jul

Potential Bearish Butterfly

LEISURE & RESORTS WORLD CORPORATION (PSE:LR)Just a closer look of the weekly chart posted days ago. Prices have breached the 38.2% retracement, our next PRZ wil be around P9.75 – P10.00.

Other technical note:

Other Technical Indicators

Also, 130-d MA is trending up. Watch this as a toss-up might occur neasr there. Lets wait for a reversal candle first.

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Posted by on July 24, 2011 in Bearish Butterfly, LR


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