SECB falls to support line Kijun Sen

SECB is now sitting at its support which is the Kinjun Sen. Some may consider it already a Weak Bearish Signal but Chikou Span is not yet confirming the bearishness of this stock as price 26 periods ago is still below current price.

RSI or Relative Strength Index on the other hand is still pointing down which may reach 30 from today’s 42. Price is still above Kumo and this cloud will act as our support.

Caveat!

Leave a Reply