KRAFT FOODS - KFT
Monthly chart shows increasing selling pressure. No buy signal/pattern evident on this timeframe. Chart pattern is bearish. Look for a test of the $26.40 area low and lower.
Weekly chart shows price now below key LIS - "old support becomes new resistance". No buy signal/pattern evident on this timeframe.
Daily chart continues to show weakness. No buy signal/pattern evident on this timeframe. Look for continued weakness.
Sunday, February 10, 2008
KFT Update for 02.10.2008
Posted by TraderZ at 2/10/2008 10:12:00 AM
Labels: KFT
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment