Okay, some of you may think im crazy to hop on to this counter when the indicators are warning me to stay out at their current level. Even though that is the case, there is still a inclination that the indicators, take for example the slow stochcastics, may hover around the overbought region for a couple of weeks. The advancement today is actually well beyond the previous resistance level, where weeks ago the price was contained in a relatively small double bottom chart formation. Looking at it, the counter may be in position for further increases with profit potential from the breakout at around $5 of the underlying. A noteworthy exit point would be when MACD touches my presumed take profit level.
Visual investing on nikkei and hsi
Nikkei, deal , wheel or steal
Warrant strategy? analysis assessment
Thursday, August 31, 2006
Capitaland, blending with the herd
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