TUNEPRO is move out of the short-term ascending line at 27/9, fell below the resistance line at 7/10, and then fell below the major uptrend line at 10/10. Although today is closed slightly in the major uptrend line, but overall the trend is seem weakness, and now 1.56 will be an important support, once break below will be transferred to another sideways.
Observation from monthly chart, TUNEPRO did not rise as expected after finished the third symmetrical time frame, however, it open high and close low at the end, so this is a weak signal to me, therefore I decide to arbitrage due to my buy price is not within the safety margin plus the external risk. Even so, I still think this is an adjustment trend more than a downtrend. So, I will try to buy back in a suitable timing in the future.
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....
pussycats
SOS
2016-10-12 07:13