Friday, December 31, 2010

XING follow up

For those of you who may have traded XING recently, I thought you might find this chart interesting.

A big move like what we saw in XING often sees quick profit taking, I myself advocate taking profits on a big move like we saw in XING which was around 55%. right now the 5 min chart is showing some accumulation so we may see some more upside here soon.

No comments: