miércoles, 19 de octubre de 2016
Fcb Financial Holdings Inc. 10/20/2016 FORECAST.
Hi, ladies and gentlemans, today I want to study FCB. I should start with the chart:
Let´s analyze the chart:
MACD <0 signal < MACD. However is flat.
Stochastic at 29.23% with a shy uptrend.
RSI at 43.6%. with uptrend behavoir.
As you can see the stock is out of the buy range that is shown as a green rectangle. The Eliott waves progresion in my opinion is nowadays developing a the five wave as I marked in the chart.
The sma is at 34 just in the same point of the primary uptrend.
It´s probably the stock will correct today. I will wait for a better open long trade.
And that´s All for today Folks!!