Looking at STI weekly, fear dominate my greed.. Storm is at our doorside within a week or two for sure. and this should be a big one. Yet, STI daily show marginal upside potential.
Cheery Picking: China Sport?
1) Very well stay above 50 ma after touches and rebound. Previous data shows 50 ma is the major resistance. Resistance turn support.
2) Daily and weekly stochastic looks convicing
3) MACD is making u turn with cross over strong staying above center line.
4) Don't forget CUM Dividend. Not too attractive but not as bad after all
Now what is the entry price? 0.11?
The hammer form today is the one which scare me.. but i think 65% upside. Good Luck!
The hammer form today is the one which scare me.. but i think 65% upside. Good Luck!
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