“Those who have knowledge don’t predict. Those who predict don’t have knowledge.” Lao Tzu, Chinese philosopher, 6th century BC

PAYPAL

Friday 22 November 2013

22 Nov 2013

We are on our target for the upper angle marked by the green dotted line and a blue arrow.  This would be suggestive of where price could encounter some resistance.  W have a double divergence on our intra-day MACD's and we are currently forming a third divergence.  Our daily Stochastics has also made a negative divergence and we should be on a lookout for topping prices.

Main-Trend: UP
Short-Term: UP

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