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CS Tan
4.9 / 5.0
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....
Posted by Bursa Master > 2015-10-18 11:44 | Report Abuse
CENTURY (7117) 16 Oct 2015 The support and resistance level of CENTURY are 0.835 and 0.895 respectively. It is observed that the MACD line of CENTURY is above the centreline indicating some degree of strength in the price movement. Century made a very impressive U-TURN yesterday by coming up from its low of 0.83 to close at the highest of the day at 0.87. This remarkable efforts should see a follow through buying today possibly breaching its minor resistance of 0.895. If this happens, we should see a next lwvwl of 1.14 & 1.23 followed by 1.31. Century Logistics Holdings may consolidate if it cannot sustain above the 0.895 mark. In this case, further support is anticipated at 0.83, where traders can exit upon a breach to avoid a further correction. HAPPY TRADING BURSAMASTER