Saturday, May 14, 2016

Colombo Land - CLND.N.0000 - Has moved into the HSZ - WAIT!!!

CLND has moved into the HSZ - High Security Zone. Needs barracks to be fortified with strong foundations in this region between 28.50 and 30.80 to move into newer territory. DO NOT INITIATE A BUY.....UNTIL
IT CONSOLIDATES, AND BUILD A STRONG BASE.

What happened between 23.90 must happen between 28.50 and 30.80. If a strong base is formed in this area then expect prices move towards 40's. If you wait and buy you can make more than 15% in a very short period.

Patience is the Game strategy here. 


Higher volumes at peaks have made the stockeither to retrace and crash or consolidate.
consolidation therefore is very healthy
if we want to see new highs. 

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