RE: [sharetrading] Areva?

 

With so much euphoria, it is a tad late for entry. Rather one wait for a while and you will be able to catch it near its 5EMA. Anyway, as it had breached its low and re-crossed it, shows that down side is limited. I guess one should be able to buy in near 270-275…. For LT basis…
One should definitely be in above 320… It would return at least 20% from there…

Whatever be entry point keep 276/262 as SL point…

 

Abe

 

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From: sharetrading@yahoogroups.com [mailto:sharetrading@yahoogroups.com] On Behalf Of PRS PTL
Sent: Saturday, May 29, 2010 11:32 AM
To: sharetrading@yahoogroups.com
Subject: [sharetrading] Areva?

 

Hi Abe, how about going long in areva? currently MACD indicating cross over in oversold zone as well as RSI on daily as well as weekly. thnks & regards.

 

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