Kijun Sen Cross on GERI

Good move on GERI as it cross the Kijun Sen from below. This price movement which happened above the Kumo is considered a strong bullish signal. If price will not fall below 1.91 then we will have a good bullish setup from our Chikou Span which will strengthen the bullish mood.

RSI or Relative Strength Index is at 58

Caveat!

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felix

A computer engineer by profession and loves to develop online systems/websites. A self-taught stock trader who loves to share his knowledge and enjoys learning, expanding knowledge and staying well-informed. Most often he uses candlesticks, Fibonacci Retracement levels, Ichimoku system on his technical analysis but loves to hear some rumors as well.

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