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ISM – Potential Bullish 5-0

30 Jul

Potential Bullish 5-0


ISM COMMUNICATION, INC. (PSE:ISM)My previous chart was a bearish butterfly, in which July 29’s price action closed right smack on the PRZ (In such a quick time I might add). Could ISM be on for a correction phase? Below P4.55 seem like a good place to “place your bet”.

Other technical note: RSI in overbought territory at 77.36. Left a shooting star candlestick too.

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Posted by on July 30, 2011 in Bullish 5-0, ISM

 

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