At Friday HUN broke above
daily pattern, which was also weekly and monthly setup so I will use that
Friday action for trading plan. We can see that HUN finished Friday action with
doji bar (indecision) andI believe that if HUN will see price above Friday high that odds
for monthly continuation pattern continuation will increase and in that case I
will take it as swing long trade.
Stop: Under Thrusday low,
Target area:$25 area
I will follow weekly bear
flag and odds for pull back from 10sma resistance area and also break under
daily 20sma support area that can turn in to another weekly selling wave. I
think that CRI could seethat action if it will break under $69.50 and I hope that at
target area we could expect to see 20sma monthly support that could turn CRI
into few weeks swing trade.
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