FAS broke below its daily 20MA/20EMA and closed right at its semi-intermediate uptrend line Friday.
Its OBV broke below the uptrend line, which is breaish and could be the early warining sign of the price itself.
If FAS can not bounce from here and break down from here, that would open the door to test $66. That would be bearish to the overall US market in the mid term.
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发表于 2009-9-27 10:39 PM
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