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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » DOES PRICE BAND SLOW DOWN UPPISH TREND?

DOES PRICE BAND SLOW DOWN UPPISH TREND?

Message [Page 1 of 1]

1 DOES PRICE BAND SLOW DOWN UPPISH TREND? Fri Oct 07, 2011 6:00 pm

worthiness

Senior Vice President - Equity Analytics

Posts : 2577
Equity Stars : 9138
Reputation : 115
Join date : 2011-04-08

This is very curious. Recently counters exposed to price restriction performed negatively just after the band period. SINI is pretty much slowed down during last four days. More or less SFIN, ASCO & AAIC faced the similar pattern though MACD showed uppish trend. Some counters do exceptionally well even in restricted period reaching to the top end on every trading day.

Monday will be the last day for SINI, I believe. Will SINI show a positive trend with REG again or will it be in the same boat with others?

Can Experts figure out the readers the cause & effect for price behavior during & after the restricted period having one of the above counters as an example?

Message [Page 1 of 1]

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » DOES PRICE BAND SLOW DOWN UPPISH TREND?

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