Trending Line

AAX, Another Fake Breakout Again?

Jack Kong
Publish date: Thu, 15 Mar 2018, 01:10 AM

又一个假突破?
AAX 已经连续做了两次假突破,这次突然往上急拉,到底是多头启动?还是骗线出货?我个人的大胆看法是比较倾向后者,因为这次价涨量不跟,所以在这个动荡的时代,我觉得还是小心比较好。基本上,支撑在0.390,而压力目前就看0.440。

Another fake breakout?
AAX had make fake breakout twice before, and this time suddenly pull up, so whether is a bull engine kick start? or just a fake pull up? I am more into the second opinion, because the volume is not follow although the candle stick is so big, therefore I will be more careful when during uncertainty market. Basically, support at 0.390 and resistance so far is 0.440.


More articles on Trending Line
Discussions
1 person likes this. Showing 3 of 3 comments

Bruce88

trust me, it's real !

2018-03-15 07:44

NoPlayBall

@jack kong spot on analysis..thank u for your good work !

2018-03-15 11:43

Jack Kong

@Bruce88, I am a bit conservative in recent market. So, I will rather wait and see first before enter. Last friday it closed at 0.41, so 0.39 still a support, but short term resistance we can put at 0.42, If AAX stand above 0.42, then it had higher chances to breakthrough 0.44.

2018-03-18 18:43

Post a Comment