Chartered (C27) Updated

Chartered (C27) now displayed an ugly chart; such that a slight bad news would be an impetus to send it southward. We can see the candlestick pattern is forming a 3 crows pattern so frigtening in nature. ADX 5 days said that trend is going downward and the CCI 14 days confirmed overbrought situation. Although the price did not cut its 15D EMA and the OBV uptrend is still intact, these are not convincing enough to provide clues to sustain the near term upward. With bad result expected on the 21st April, I would guess that probability of $1.48 support cannot hold long is high!