Call for strong trading buy. Mini showhand if you can afford. All sign for rebound shows up. Wan4 Si1 Jun1 Pei4.. just waiting for the Tong1 Feng1. Selling volume falls, MACD divergences with pre cross over period now (last time i mentioned b4, pre cross over is the time where most rebound take place), RSI starts to see recovery, and also long term wise, 50MA line cross 100MA line (sign of long term trend reversal. the last major MA cross down was in Jan 2011 where Olam starts its downtrend.) So time to position yourself for a rebound. Recommended entry $2.23 to $2.30. Buy at your own risk ;).
S&C already in at $2.30. With cash to pump in more if i wish to double up my stake.
No comments:
Post a Comment