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AAX Hit To The Turbulence
AAX was impacted by strong turbulence.
Market sentiment is affected by Jackson Hole conference this Friday and causing short-term arbitrage in among of the stocks.
Today AAX fall below its second wave starting point 0.41, and I will set 0.375 is the next support. Currently, a war is between the long - short player, as long as support is not broken, AAX will having a sideways in the between 0.375 to 0.41 for about one and the half month, then the direction will be determine, otherwise, there is a risk to crash.
AAX 遭到了强劲气流的冲击。
市场的气氛受到这个礼拜五的Jackson Hole 会议，突然出现短期套利。
今天的AAX也跌破了它第二波的起涨点 0.41，而我会将下一个支撑设在0.375。目前多空主力互相交战，由多转盘，只要支撑不破，AAX 会在0.375 到 0.41 之间展开大概一个月半的横盘发展，然后才对多空作出表态，否则，就会有坠机的危险了。
Disclaimer
Please bare in mind that the stock market is full of risk, any forecasts and analysis has no guarantee can be made.
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CS Tan
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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....
richkid
The support now is at 39.5 sen and not 37.5 sen. It will resume uptrend if it can break 43 sen resistant.
2016-09-13 16:36