Monday, June 6, 2011

ZSL vs AGQ Daily Charts











Kagi flashed an AGQ Sell Signal (blue circle). ZSL didn't quite make it (see 2 blue arrows). Short term AGQ has been rallying by Kagi. Three line break and P&F favor ZSL. Neither AGQ nor ZSL are above the cloud, but ZSL is better positioned (within cloud vs. way under). However, ZSL MACD histogram is still negative and the blue ZSL MA < red ZSL MA. ZSL & AGQ are both consolidating on the equivolume charts with declining parallel Aroon lines and negative CCI's. AGQ is hovering around the 138 day (~30 week) MA. Neither are trending as of Friday afternoon.

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