Hi Rock, I got questions on your RNWK and TMWD.
I'm looking at the RNWK daily chart and see it's downtrend, trying to fill out the gap down on the 18. It seems to accelerate with the down trend of the market but cannot top the day before gap down like the Naz did. 25 is the resistance, but isn't it tough to go back there without consolidation or uptrend?
On TMWD, seems like Nok is looking at this one, too. I'm looking at the daily chart as well, and also see a stiff downtrend. I also thought it would be negative when the market recovered on the 18, but TMWD kept moving down, wouldn't you think? By looking at the 15 minute chart, TMWD seems to have problem moving above 18, while the next upward resistance is 16-5/8. What did I miss? |
