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..

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

 

Click here to check other information

More articles on The Stock Library
Discussions
2 people like this. Showing 10 of 10 comments

KC Loh

Pennant.... apa itu? :)

2013-08-19 22:23

KC Loh

Interesting...... how so you know 45 sens resistance? Past historical data?

2013-08-19 22:37

KC Loh

Or you are just take the two green arrows (signifying a 7-sens gap each) as basis of comparison?

2013-08-19 22:39

Edwin Toh

Yup you are correct

2013-08-19 22:59

KC Loh

Stick around more Edwin. Good to have people like you with TA knowledge.

2013-08-19 23:07

jester

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

Frank Soweto

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

necro

Bearish divergence...

2013-08-20 03:13

Edwin Toh

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

Post a Comment