Dear frens and forummers, i set up CHRISSYCONN to share our trading and investing ideas. We shall start afresh in this new place WE proudly call HOME .
It is our dream to become a Successful Trader as well as a Super Investor. To make our dream comes true, we embrace TA, FA and a business mentality.
Yes, we will be stressful pursuing our dream .... so ps feel free to share your humour with us so long as IT IS not offensive to anyone in this HOME.
Lastly, we would like to remind everyone to trade / invest at own risk should u choose to buy our stock pick .
FOR CHARTS, PLS VIEW OUR BLOG
http://chrissyconn.blogspot.com/
the_reds .. technically, pmetal has a few catalysts from higher time frame chart to stage a rebound .. grossly oversold (as rchi said), fibo golden ratio dip at 0.618 .. horizontal price support (congested area) !! not sure about the alu price rebound though !!
Apr 1, 2018 02:18 PM | Report Abuse rchi .. thanks for the heads-up !! didn't notice pmetal has fallen to her 200d MA lately .. at times price can also drop below 200d MA and then rebounds strongly (like VS) ... if price can dip to the congested area (blue box) at golden ratio 0.618, then these wud be ideal catalysts to look for counter-trend trade :) .. in any case, will definitely drill down to the lower timeframes now to monitor for opportunity cuz she may just as well bounce up from the 200d MA !
is it MARK-DOWN stage on HRC 5min chart ?? complete this short-term cycle and then we see what's next ?? :) let's see how low they want to mark-down ... possibly at break-out level ??
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....
Posted by Christine Goh > 2014-03-11 21:40 | Report Abuse
Dear frens and forummers, i set up CHRISSYCONN to share our trading and investing ideas. We shall start afresh in this new place WE proudly call HOME . It is our dream to become a Successful Trader as well as a Super Investor. To make our dream comes true, we embrace TA, FA and a business mentality. Yes, we will be stressful pursuing our dream .... so ps feel free to share your humour with us so long as IT IS not offensive to anyone in this HOME. Lastly, we would like to remind everyone to trade / invest at own risk should u choose to buy our stock pick . FOR CHARTS, PLS VIEW OUR BLOG http://chrissyconn.blogspot.com/