Blog: IQGROUP Rounding Bottom Breakout With A Beautiful Uptrending Channel

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6 comment(s). Last comment by Ming Jong Tey 2017-06-29 21:08

daisaku

4 posts

Posted by daisaku > 2017-06-29 18:35 | Report Abuse

Would you mind elaborate more how're target prices deduced ?

Ming Jong Tey

114 posts

Posted by Ming Jong Tey > 2017-06-29 18:48 | Report Abuse

@daisaku It is based on the projection of the depth of the rounding bottom together with FIBO. Refer to this chart for better illustration -- https://www.facebook.com/BursaSGXcandlestick/photos/a.289668618098234.1073741828.282808655450897/373020929763002/?type=3

watermelon

3 posts

Posted by watermelon > 2017-06-29 19:49 | Report Abuse

Will it retrace to close the gap first?

shareinvestor88

3,404 posts

Posted by shareinvestor88 > 2017-06-29 20:28 | Report Abuse

Dear Ming jong i suggest u consider to set up a telegram group. Easier to exchange ideas

Ming Jong Tey

114 posts

Posted by Ming Jong Tey > 2017-06-29 21:06 | Report Abuse

@watermelon Depend on its strength...My bias is no...

Ming Jong Tey

114 posts

Posted by Ming Jong Tey > 2017-06-29 21:08 | Report Abuse

@shareinvestor88 thanks for your suggestion...I find it time-consuming to manage a group and hard to keep track of the respond...Feel free to drop me an email.

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