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

PAYPAL

Tuesday, 3 May 2016

3 May 2016 - Positive Results

After the overnight session of the intra-day reset triggering to the downside yesterday, prices finally pushed lower.  This was accompanied by yesterdays negative divergence.  ST is still pointing DOWN which is in agreement with each other.  Significant target to watch for is still the 200 day MA.

SEN: Bullish
ST: DOWN
PA: DOWN
R: May 3 Down bias


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