sobata416

$CHL - daily chart

NYSE:CHL   CHINA MOBILE LTD
CHL
19 0 1
chl
both the 13 (blue) and 34 (pink) Bollinger Bands are rising.

the 50 day MA (green) crossed up through the 200 day MA (red) in late July ( gold             vertical line); both MAs are now moving up.

the daily Williams %R is above -20 (see bottom panel); this indicates positive pressure.

based on these observations, $CHL could see more gains in the near term.

upside levels to watch: $66.18, $69.16

downside levels to watch: ~$62, $60.94
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