This blog is purely for education purpose by using actual daily securities data through Technical Analysis. It is purely author opinion and record purposes. There is no suggestion to buy and sell any securities.
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Friday, 28 February 2014
Daya drop till 50 Day MA Support
Monitor closely on DAYA.
It drop till 50-day MA
It could turn to bullish just waiting for bullish signal Watch 50-day MA.
Thursday, 27 February 2014
BORNOIL Symmetrical Triangle formation
From the recent Lower High, Higher Low, BORNOIL has formed a symmetrical triangle and just awaiting for breakout.
You may watch closely if the formation may keep on continue with an upside as the upper boundary of the triangle gives way with a high volume breakout.
New Support for MUDA
MUDA form a new support today at $1.46 level.
MACD has 4 Red and just waiting for 1 Green and Stochastic go below overbought region.
Watch closely for a rebound off the Higher Low level for it to test $1.73 which is Resistance.
Wednesday, 26 February 2014
SCOMIES Uptrend is confirmed
SCOMIES Uptrend is confirmed.
The new support is formed at level 1.00.
This is important support if it could stand.
If it can rebounce off from 1.00 level, next level resistance is 1.15
Let me know your opinion on this by leaving your comment below.
HIL on up trend
HIL is on the uptrend counter.
HIL has been bouncing off from 20 Day MA based on the previous 3 cases. You may apply at support strategy to buy in.
Let me know your opinion on this by leaving your comment below.
HIAPTEK strong resistance at 0.76
HIAPTEK is having very strong resistance at 0.76.
It may breakout from there if the volume able to support the breakout.
Let me know your opinion on this by leaving your comment below.
Tuesday, 25 February 2014
UMWOG at 20MA Support Now
Based on the past 3 cases,whenever the price hit the 20 day MA, it will bouce back.
It could be rebound off very soon. Monitor for either one
1) MACD 4 Red 1 Green or
2) Stochastic bullish crossover near the 20 day MA
It could be rebound off very soon. Monitor for either one
1) MACD 4 Red 1 Green or
2) Stochastic bullish crossover near the 20 day MA
FPI Forming Bullish Flag
FPI gap up on 21 Feb 2013 which form the Flag pole, volume is high during flag formation.Monday and today has slight retracement with lower volume.It has formed the flag pole and flag.Monitor closely for high volume breakout for the next few days.
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