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Saturday, June 24, 2017
ASI - Accumulation continues
ASI shows a trend continuation, whilst interestingly the MACD histogram lines show an uptrend, whilst the RSI is around the mid levels. I hope the trend will resume to the up, but need to see the impulse till then it's a hold.
Friday, June 16, 2017
BPPL - watch out for the next trade
BPPL is tipped to be a growing company. As such we will see nice trading opportunities in this counter. But wait don't rush!!! It must be supported at or around 14.50 and there must be an impulsive move to trigger a buy call. Let's wait........
JKH - consolidation before the Trend continuation
JKH needs to hold above 175, or worst case above 170. Anything below can take the stock and the market to a long consolidation.
Comb - Consolidation below 140, then higher
I expect COMB to consolidate between 137 and 140 before it breaks out and test the gap between 143 and 145.
Thursday, June 15, 2017
CFVF - Need to absorb the heavy resistance
CFVF has heavy resistance between 30 and 35. Highs will depend on the way the selling is going to be absorbed.
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