我给你技术分析一下CAF# Stock
i*t
1 楼
Several ID, including able101, who i think is a good trader, advocate to go
long on CAF last week. I had advise caution several times. I think the
reason behind is that many of them interpretate the 4/15 week long bottom
tail as a selling climax - a reversal signal. I beg the difference.
from the first glance, it has many reversal signs: spiking volume, touching
key support line etc. but remember it just came off recent sharp sell off,
Price just moved into lower BB area, haven't touch the lower BB yet. the
condition for selling climax don't exist. Volume is not dramatic either, It'
s more like a technical rebound after sell off. Time for reducing position.
not to increase. CAF is still settling down. the best scenario is it start
to taper off and retest prior low at 21.60 and make a double bottom there.
very like will touch and bounce off the 50wk line and lower BB around 21.20.
worst case is of course piecing 50wk if general market condition is bad, or
China's problem - bank regulation, slowing growth, H7N9 etc start to get
people more nervous.
as to the quasi FA specialist, i'll tell you this, it's true that price
rotate around value, but only half of the time it moves toward value, the
other half it's moving away from value - you never know which is which.
long on CAF last week. I had advise caution several times. I think the
reason behind is that many of them interpretate the 4/15 week long bottom
tail as a selling climax - a reversal signal. I beg the difference.
from the first glance, it has many reversal signs: spiking volume, touching
key support line etc. but remember it just came off recent sharp sell off,
Price just moved into lower BB area, haven't touch the lower BB yet. the
condition for selling climax don't exist. Volume is not dramatic either, It'
s more like a technical rebound after sell off. Time for reducing position.
not to increase. CAF is still settling down. the best scenario is it start
to taper off and retest prior low at 21.60 and make a double bottom there.
very like will touch and bounce off the 50wk line and lower BB around 21.20.
worst case is of course piecing 50wk if general market condition is bad, or
China's problem - bank regulation, slowing growth, H7N9 etc start to get
people more nervous.
as to the quasi FA specialist, i'll tell you this, it's true that price
rotate around value, but only half of the time it moves toward value, the
other half it's moving away from value - you never know which is which.
