Chart wise, looks like it is having a rejection of going higher last Friday!
A long tail pin bar doesn't looks rosy to me especially when it is trying to reverse this downtrend mode.
Let's monitor and see how it fares for the coming week!
Short term wise, I think if she can rises higher to reclaim $9.02 level smoothly plus good volume that would likely drive the price higher towards $9.45 with extension to $9.95.
Not a call to buy or sell.
Pls dyodd.
Last Friday closing doesn't look so rosy! Seems like showing sign of a reversal!
Short term wise, I think if she can overcome the 200 days MA at about $20.75 plus a nice breakout and rises higher that would be rather positive and may see further upwards movement!
Failure to do so, we may she her succumbing to selling down pressure!
Not a call to buy or sell.
Pls dyodd.
Chart wise, she is just doing the usual counter trend reaction. I think is Good to monitor and see if she is able to hold up well!
If not, breaking down of 2.86 again plus high volume that may likely drive the price lower towards 2.80 then 2.60 with extension to 2.40.
Not a call to buy or sell.
Pls dyodd.
Chart wise, it is doing a counter trend chart patterns, looks rather lpositive!
Short term wise, I think likely to move up to test 1.50. Breaking out smoothly plus good volume that may likely drive the price higher towards 1.55 then 1.60 with extension to 1.70.
Not a call to buy or sell.
Pls dyodd.
Today had a spectacular gap up candlestick same for the other two bank counter, looks rather positive!
Short term wise, I think she may rise higher to retest 20.95.
Breaking out of 20.95 smoothly plus high volume that may likely drive the price higher towards 21.50 .
Do take note that the price is still trading below its 200 days MA .
Not a call to buy or sell.
Pls dyodd.
Chart wise, looks like she may go up to retest $8.85 again!
Breaking out smoothly plus good volume that may likely drive the price higher towards 9.02.
3rd quarter result is out ! Seems not bad!
Not a call to buy or sell.
Pls dyodd.
