Weak Negative Candidate (Short term) - May 14, 2004
Is within a falling trend and continued decline within the current trend is indicated. On reactions back, there is resistance against the ceiling of the trend channel. The index has support at points 1370 and resistance at points 1436. RSI is oversold. The stock can still fall further, and we should see an increasing RSI before this is used as a positive signal. The index is overall assessed as technically slightly negative for the short term.
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