KAZ

id stay out of kaz as its the second attempt..

Hi
Has anyone got a 10 year chart for KAZ or an idea of where the next supports lie please?


I think EMs have been hammered and so have the miners cause of the AUD USD. AUD USD looks like its in the last wave of its downfall, in which case, if this turns, so will the miners and the EMs.

Anyway, if anyone can provide some pretty pictures and numbers for this below 170, I would be interested.

Thanks.

Gee

yeah, me too: wait till evidence of a trend change

here is your chart. Its as far back as it goes.
weekly chart


dl.dropboxusercontent.com/u/4899609/kaz30thjan2014.png

Its risky going long from here due to the fact that its the second attempt. That basically means the area has be weakened so a break out may be looming to the downside.This has finished bang on the support. Always riskier on a second attempt so soon.

Oh dear.
So there doesn't seem to be a support after 170. Could you use fibs to figure out how low it could go?
Thanks
G

Remo, Jackozy, Libero.

This is also a weekly chart of Kaz.
uk.advfn.com/p.php?pid=chartscreenshotsh...VM%3D&symbol=L%5EKAZ
This is close up of the same chart.
uk.advfn.com/p.php?pid=chartscreenshotsh...vI%3D&symbol=L%5EKAZ

Would you not agree there is divergence on the rsi??
Is this not a sign a bottom may be forming??

Or this not really a reliable enough indicator?

I think i may have got this completely wrong(usually do), and would really be intersted in your views on RSI divergences please.

Thanks in advance.
Trendfriend.