The India Fund (IFN): Technical Analysis
The above chart is a 3 year chart. As you can see, IFN is holding the long term uptrend line as support while maintaining the downtrend line as resistance. IFN is and has been under consolidation for sometime now. If we were to consider the MACD divergence, it indicates that the possibility for IFN moving higher. Keep this on your watchlist.Labels: chart analysis, ETF, IFN
posted by Ravi Sankaran at 2:52 PM
1 Comments:
I have also IFN in my watchlist. I see crossover as a strong signal as well.
Nice blog.
Vlada
www.stockweb.blogspot.com
May 14, 2007 8:42 AM
Post a Comment
<< Home