Thursday, November 18, 2010

AMC 18/11/2010

Amcor might have bottomed out at around the 6.50 level.

The SlowStochastic is down in oversold territory .

The MACD is sitting right on the zero line.

If Amcor breaks lower here, it may be going a lot lower.

A bounce tomorrow should see it go back up to the recent high.

Good luck
Red

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