Tuesday 28 January 2014

stock chart: YangZiJiang/THBEV

Congrats to all those who actually benefited from my chart.
GLP: NO action, price closed @ $2.86
Noble: Hit Final profit $0.92
Kepland: Resisted by $3.31
GentingSP: Hit first target $1.42, shall see $1.37 soon

 YZJ: Please monitor carefully for those who long this counter. In weekly chart, YZJ is been resisted by $1.24 and today candlestick closed below the bull trend. However we know maybe it was due to STI which closed -33point caused the drop. So please do watch out carefully if this week candlestick fall and closed below 20d MA. It mean the confirmation bearish candlestick is formed after a doji! If it crossed below $1.125 (Double top will only form after it cross below), the next support will be around $1.025 where by around 50d MA.

 THBEV: Just way too many signal not to short this counter.
Entry @ current price. $0.54
SL @ $0.58 (Must cut if high vol come in)
Target. $0.505/$0.475


You are remind to trade base on your own risk. Plan and Trade well :)


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