Random Trading
Cuscapi - Bearish breakout
Random Trading
Publish date: Sat, 23 Aug 2014, 10:09 PM
Random Trading
0 44
Too dumb to be an expert, too green to called a veteran and certainly not an insider. what's left..... RANDOM!
Disclaimer - I'm too dumb to be an expert thus all the contents of this blog are just my random thoughts and may be incomplete or contain any informational errors. It is certainly not recommendation to buy or sell. You'll be responsible for your own decision. Please consult your investment consultants before making any investment decision.
Disclaimer - I'm too dumb to be an expert thus all the contents of this blog are just my random thoughts and may be incomplete or contain any informational errors. It is certainly not recommendation to buy or sell. You'll be responsible for your own decision. Please consult your investment consultants before making any investment decision.
Chart : Cuscapi daily chart as of Aug 22 2014 (source: ChartNexus)
Refer to the post dated Aug 9 2014 : Cuscapi - Breakout Soon! , I have anticipated it would be a bullish breakout but now it seems like a bearish breakout instead. Unlike many other counters, the counter didn't rebound from the selling of Aug 20. The immediate horizontal support line will be 0.34. It is crucial for the stock to stay above this immediate support line, if it break the 34 sen support line, it is most likely fall further to test its 3 year uptrend support line.
More articles on Random Trading
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
New Update. Discover investment communities that resonate with your ideas
Apps
Top Articles
1
TA Sector Research
BWYS Group Berhad - A Leading Sheet Metal and Scaffoldings Manufacturer
2
Kenanga Research & Investment
3
Kenanga Research & Investment
4
5
save malaysia!
6
TA Sector Research
7
8
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
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....
