The counter slowly rebounded from its three years low ~ 1.9 last week. Downtrend could have paused here. Shall it continue to range bounce, 2.1 could be its immediate resistance. Current price might be good entry. Shall 1.9 be broken with strong volume, downtrend would resume.
Saturday, December 30, 2017
Friday, December 22, 2017
Chart[72] - Japfa
The counter saw price rebounding with significant volume on last trading day. On daily chart below, it has broken resistance 0.49, and next resistance is around 0.525. Looking into weekly chart, it is potentially taking u-turn from recent downfall. Strong resistance is 0.6. Volume on subsequent days will be critical.
Friday, December 8, 2017
Chart[70] - Golden Energy
The counter saw strong buying volume on last trading day. Price rebounded from one month downfall. 0.365 proved to be strong support. Shall buying interest continue, next resistance could be 0.42 followed by 0.475.
Friday, December 1, 2017
Chart[69] - ThaiBev
Subscribe to:
Posts (Atom)