Pascal
05-25-2015, 04:55 AM
WWW is in a trading range after having failed some weeks ago.
30408
Besides the 20DMF market direction model, everything looks negative for this stock.
The EV pattern is negative too and we should expect this range to break to the downside.
30405
We are close to the Lower Boundary at 29.82. A break below will trigger more selling.
30404
Below are the Stat data that test a Break below $30 on volume (BDV)
30407
We can see below that any price below $30 will do, as far as volume if high.
30406
30408
Besides the 20DMF market direction model, everything looks negative for this stock.
The EV pattern is negative too and we should expect this range to break to the downside.
30405
We are close to the Lower Boundary at 29.82. A break below will trigger more selling.
30404
Below are the Stat data that test a Break below $30 on volume (BDV)
30407
We can see below that any price below $30 will do, as far as volume if high.
30406