Wednesday, September 15, 2010

Straits Asia 15-Sep-10 (Sell)

Entry Price: 2.28
Target Price: 1.91 (16%)
Stop Loss: 2.40 (5%)

Recent rally on low volume (Purple circle). $2.31 levels appear to be strong resistance as indicated by 4 previous peaks (Blue circles). Expect to retest the downtrend resistance turned support line (Green line).

No comments:

Post a Comment