Sunday, March 15, 2009

Syngenta (SYT) - high volume indicates further drop / Alto volumen indica mas caida



English-
SYT- High volume on drop indicates selling pressure as stock continues to gap down. The stock is approaching a support area (green line) and this will be where the trade can be setup. A break below the support line would signal further weakness and shorts can be established. The price target after a break down would be the 32.00 level.


Español-
SYT - Volumen alto en bajon con gaps indica pression de venta. La accion esta llegando al nivel de soporte (linea verde), y es aqui en donde se puede pensar en operar con cortos. Una ruptura por debajo del soporte da señal que la accion esta muy debil y se puede entrar en cortos. El objetivo despues de la ruptura a la baja es de los 32.00

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