Practice Makes Perfect
TENAGA - Recharged and Rebound?!
Chin Kok Tan
Publish date: Mon, 01 Aug 2011, 08:05 PM
Chin Kok Tan
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CK>> A making loss Q3 quarterly results announced on 21/7 has a huge impact to TENAGA share price. After a series of falling, it is now start to make U-turn and sign of rebound was seen today. Will it be just a technical rebound before continue dropping?
Erm... I guess it will at least rebound back to 6.50 level to close its previous gap at that level too, formed on 22/7. RSI shows oversold, should be at lower risk if accumulating now.
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Erm... Not sure. But based on my understanding on GAP, each GAP will eventually be filled... Hehe...
2011-08-01 22:32
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CS Tan
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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....
cmlooi
Looks more like sideways.
2011-08-01 22:26