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Monday, October 17, 2011

HKland US$

Hkland is one of my favorite long candidates, it had break out from its double bottom formation on 7th Oct, went up tested its resistance first time at 5.07, retraced back to its support level on Friday( Friday low is 4.66, double bottom neckline at 4.65), today it opened at 4.77 and now 4.95, my first target is 5.07, and 2nd target is 5.2.


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3 comments:

  1. AnonymousThursday, October 20, 2011 4:43:00 PM

    FJ, today HKLand is falling. What's your advise on this?

    Butter

    ReplyDelete
  2. SgTraderThursday, October 20, 2011 5:23:00 PM

    HKland is closed at its 4.65 support. a CLOSE below it will be a danger sign for bulls.

    ReplyDelete
  3. AnonymousFriday, October 21, 2011 5:30:00 AM

    Thanks Fj for your comment.
    Butter

    ReplyDelete

Thanks For Your Insightful Comments!