KHJB 0210 

 

Requested by one of our subs as well.

 

Overall prices are in a steady uptrend, which is good, never buy a downtrending stock. Notice where prices always got rejected at the Fibo Area between 0.786 - 0.618. It can be concluded that, that area is where the bankers will dump their shares or a resistance area for technical terms. 

 

Similarly, yesterday we see an attempt push by the bankers, high inflow of monies try pushing the prices to break above the Critical Resistance Area, however fail to do so and close below that level. I do believe the uptrend will continue and the bankers will attempt to push again and this time the push will be massive, possible breaking all highs. However, in the short term, if we are lucky enough, prices may fall alittle first and the best location to collect is at the Golden Triangle Collection Area. 

 

Good luck.

 

Industry: Consumer Products & Services.