The Stock Library
SKPRES Forming Pennant - Bullish breakout?
Edwin Toh
Publish date: Mon, 19 Aug 2013, 09:50 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..
SKPRES is looking good with an initial bullrun and retracing with reducing volume. The good news is that is has formed a pennant sign.
If break and close above 0.39 with more than 7 million volume it will be a pennant breakout with Target Price at 0.455
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2 people like this. Showing 10 of 10 comments
check this link out
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:flag_pennant_continu
2013-08-19 22:33
Or you are just take the two green arrows (signifying a 7-sens gap each) as basis of comparison?
2013-08-19 22:39
Yup.. KC is right. You should stick around Ed.. A lot of people including me could learn more TA with people like you.. We don't quite have a lot of people here specializing on TA compared to people specializing in FA. :)
2013-08-19 23:14
yep this Edwin guy good to have around as he is kind to actually share with all and also to explain to most who is not well verse in charts. thanks and cheers :)
2013-08-20 01:48
No problems guys , I am always willing to share my opinions . I will always post my chart in my blog so that I can always refer back how did my analysis par previously and also can refer back during office hours cause my office does not allow me to use my charting software :) let profit more money from klse
2013-08-20 07:40
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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....
KC Loh
Pennant.... apa itu? :)
2013-08-19 22:23