Observation
1) Trendline - downtrend- (Bearish)
2) Formed lower low - (Bearish)
3) MACD -4G1R(Bearish) and time to RUN!!!
4) RSI - Broke below 30% Bearish) -
5) Sto - Formed Bearish Crossover and broke below 20% (Bearish)
6) ADX - high momentum and Bearish( Bearish)
7) Candle Stick - 3 Strong Black Crow (Bearish)
7Points
0 Points
Winner Bear ( Throw down wrestling style)
KLSE crashing down which normally proportional with SIME price. The Bad market sentiment is really tearing the fundamental blue chips apart and causing a massive distress to the KLSE index.
KLSE crashing down which normally proportional with SIME price. The Bad market sentiment is really tearing the fundamental blue chips apart and causing a massive distress to the KLSE index.
Entry Price 7.9
Resistance at 8.22
Support a 7.65 ,7.55, 7.47 and 7.25
Daily Buy Call in Forum.. (Do not forget to view here for daily Stock Picks)
isaac was here :P
ReplyDeleteIsaac, thanks for visiting and hope that this blog will provide good pointers about the health of the current Stock Market
ReplyDelete