most of the O&G counters have been slumping since start of this week...all investors n traders are flocking the gloves n medical counters...what to do...
guys, take note that the probability that this counter will be in downtrend based on observation below :
1) Today SMA 50 started to trend down (since May 14th it trend up => today reverse to down). 2) Parabolic SAR switched from uptrend to downtrend since Jul 20th. 3) SMA 10 < SMA 50 => Bearish mode 4) EMA 5 < EMA 20 => Bearish mode
Only if the 2 layers resistance can be break & sustain above, then only it can fly :
1st resistance = EMA 200 = 0.235. 2nd resistance = SMA 200 = 0.265.
No idss, will not go down below 20. Long live Knm for long term guys.dont waste yr time or money here on contraplay.u loose yr pants.never know anytime knm will jek up.
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....
airbus380
394 posts
Posted by airbus380 > 2020-08-04 10:03 | Report Abuse
hahaha,betul betul kanima