The Stock Library
SYF will history repeat itself
Edwin Toh
Publish date: Sat, 06 Oct 2012, 02:34 PM
Edwin Toh
0 184
Talk about everything all under one roof which help us profit big money!! This blog have Technical Analyze Chart on Selected Stock and Forum for Daily Buy and Sell Call.
Disclaimer
All observation, buy call and sell call based on my own personal view are just for informational purpose and for my personal references to remind my self what i have analyze before and now for self improvement. Buy at your own risk and do not follow my view as i am only a novice analyzer with 60% success only..
Disclaimer
All observation, buy call and sell call based on my own personal view are just for informational purpose and for my personal references to remind my self what i have analyze before and now for self improvement. Buy at your own risk and do not follow my view as i am only a novice analyzer with 60% success only..
On October 5 Trading, everybody was enthusiastic when it broke 0.745 resistance during the midday by in a big volume and after at the last minute buying pressure went to minimal from 2k lots to about 300lots which not able to sustain the selling pressure at 0.74. During the last minute at 4.50pm, it went down by 2 pips to 0.73 which i dont know whether the market movers did it on purpose to create a bearish pattern to gain more discount stock from retail investors..
Let analyse the SYF Resource Stock Analysis Chart which was closed on 5 October 2012.
Indicators
1) Trendline - Broke above the down trendline (Bullish)
2) Support/Resistance - Formed higher low (Bullish)
3) MACD -4R2G (Bullish).
Read more at http://edwinstock-king.blogspot.com/2012/10/syf-will-history-repeat-itself.html
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