Friday, March 21, 2008

Don Vito Warts Under Arms

Update week 17, March 20, 2008 February 8, 2008

Fiat performing better in the last days of the reference index showing a greater relative strength. we note that the weekly after the first month has formed a doji and then a beautiful white candle. the doji as we mark an uncertainty of the current trends then the white candle weekly if confirmed can hope to breakage the bear market. Amongst them, the first differences also indicated on the above stochastic. and the contribution of the volumes still low (remember the stock market one day a week less) symptoms that more than anything else right now but the question of coatings could be eating your meal. fibo target of 61.80 was almost done, we could be facing a retracement phase that will evaluate as his strength and size. in daily with his blue channel of reference, we note that the indicators are starting to turn around and the pressure of sellers begins to loosen. between 13.60 and 13.83 there is strong resistance, good stands in area 98 and subsequently 70 12.97 under which the title could go suffer. I think 50 mm is at hand, a test in a long time No surprise me (remember that it is a moving average may also find the price to coincide with the upper channel)