CNXAUTO 19th Nov 2011

١٩ نوفمبر ٢٠٢١

CNX Auto Daily (Evenign Star)

• Currently at 38% retracement of most recent wave
  RSI Divergence
  Support at 11640 , breakdown of which can take us to 61% retracement at 11470
  breakdown of 11470 will then take us to 11000 which is a very strong support
  Change of Polarity below 11070
  Bottom Line : Showing sign of reversals , sell on rise till it takes out the recent high