Monday, May 10, 2010

Down Trending Technical Rebound Scenario

Typically at the initial of bearish stage, many counters present technical rebound as below example and "Head-and-Shoulder" formation may be observed consequently. This also terms as "Lower-High" analysis. So investors should be cautious about this typical formation and watch technical rebound or "Lower-High" as an opportunity to preserve your capital for later when the sentiment is more settled.