MY TRADING LINES
JCY
Jcy stock rally started on 18/1 breaking thru its 0.565 soft resistance. Further renewed interests in the semiconductor's sector saw its share price hit 10 month high of 0.67.
Immediate support seen @ 0.585
resistance to test @ 0.635 and 0.67
A breakthrough would take this rally to another wave area between 0.755 and 0.90
A laggard among the semicon play n could spring a surpise in the coming weeks if not months.
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looks very bullish RSI shooting up the roof....755 next...BUT headwinds ahead
2017-05-08 10:12
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CS Tan
4.9 / 5.0
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....
lextcs
review : rally failed to materialise...stiff resistance @ 0.635 now back to buying support @ 0.585 RSI 42% trading below macd 20 & 50.
current level good to buy for 5% roi
2017-04-18 08:35