BURSAMASTER BULLSEYE
BURSAMASTER’s PICKS 19 AUG 2016
BURSAMASTER BULLSEYE
Publish date: Thu, 18 Aug 2016, 09:02 PM
BURSAMASTER BULLSEYE
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A platform for dissemination of stock market information, leads, analysis & tips
BURSAMASTER’s PICKS 19 AUG 2016
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HARBOUR (2062) |
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An important development took place on 18 August 2016 where the price of HARBOUR broke the resistance of 1.04. This breakout was accompanied by a higher than average traded volume which shows the enthusiasm of the traders to push the price higher and past this resistance hence giving a higher probability of a successful breakout. |
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DOLMITE (5835) |
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DOLMITE has been trading above its upward sloping 20-Day Moving Average which is a good sign. In addition, the price just broke the resistance of 0.39 reinforcing the bullishness in the recent price movement. This breakout was accompanied by a higher than average traded volume which shows the enthusiasm of the traders to push the price higher and past this resistance hence giving a higher probability of a successful breakout. |
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THHEAVY (7206) |
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THHEAVY has been trading above its upward sloping 20-Day Moving Average which is a good sign. It is important to calculate the risk/reward as the recent upward movement has pushed the price to be quite far from the support level of 0.16.
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HAPPY TRADING & GOOD LUCK
BURSAMASTER
Disclaimer
The content published is solely for information and personal use only. It should not be construed to be, any advice, recommendation, offer or invitation to buy or sell any securities, futures contracts or any other instrument. Readers should seek independent advice from their own professional advisers (including legal, tax, financial and accounting) as to the risks and merits before entering into any transaction pursuant to or in reliance on any information here.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
