Dear scjm, health needs some monitoring but am feeling ok. Very kind of u, tq for ur concern. AA let go last week unfortunately so trying to look for another winner. Can scjm advise on minho n teoseng, please? TQVM :)
Hello tj, jin2 si long time no see. Hope everything is fine for u. Sometimes, need to stretch my legs a bit, so dun mind pinjam ur place to "walk walk" lar har :)
dear sky re minho it dropped from the high at 188 to 103 to form a base with a trading congestion bewteen 103 to 118 (so here we would be waiting eagerly for the breakout) and last friday accompanied with volume it broke out of that box and hit intraday 121 (ma resistance) before retracing to close 119; today it broke out again the 121 as well as the resistance trend line 123 and hit the intraday high at 128 (down resistance) to close at 122. you see a fixed trading pattern was formed... broke the first resistance but retraced from second resistance and closed 1 sen above the first resistance in both occasions. so now if it is going along similar line, then tomorrow should see it break 128 and proceed to the next resistance (143 which is what is being done so far or fibo 38F at 135) and then to retrace from there again minho is on the upleg move...higher highs and higher lows so if you have taken a long position i guess it should be fine good luck
teoseng, usually with this type of chart, it would go up to test the previous high at 173 and even surpassing it...currently, it is within the trading range, 135 to 145... today, it crossed above the 50 ma at 1.38 but was beaten a hasty retreat at 1.44 to close on the 50ma line....resistance is found at 1.55 and 1.56 (100ma) level and once the down gap at 152 to 159 is closed, expect it to go to the next resistance at 1.72...support is found at 1.31 and 1.24... so NOW where is it heading? it would depend on the time frame used to gauge the candles as it depicts a limbo like with bullish(short) bearish (mid) and bullish (long)... as for the daily technical indicators it is a buy looking at this upleg move which started from 1.06, it has yet to end... not much of a help for trading purpose, i guess..sky, my apologies
ho la , recently busy so cannot online lo , tampok tampok test nia la pun , no time monitor la hehe , wish u huat 9696 , good to see you back in action la ... heheheh
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Posted by tjhldg > 2014-03-08 22:27 | Report Abuse
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