Tuesday, March 24, 2009

Foster Wheeler (FWLT) - Which way? / Para que sentido?



English-
FWLT- Stock is moving sideways caught between resistance and support. Lets wait to see which way it will break to establish a position. A break above the 20.00 will signal a long trade for a target price of 24.00. A break below the 18.00 level will signal shorts for a target of 16.00. The RSI is just above 50 but the CCI has turned down at the 100 level which indicates weakness.


Español-
FWLT - La accion se mueve lateral y se encuentra entre resistencia y soporte. Vamos a ver lo que pasa para entrar en posiciones. Una ruptura por encima de los 20.00 es señal de compra con objetivos a 24.00. Una ruptura por debajo de los 18.00 es señal para entrar enc cortos con objetivo a 16.00. El RSI se encuentra por encima de los 50 pero el CCI ha girado a la baja en area de 100 que es negativo.

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