Disclaimers :All the stocks mentioned here are the opinion of the writer and it is for reading purposes only.There are risks involved in trading shares.Do consult your licensed adviser before you trade.This blog is not responsible for your gains nor does it share your losses.The risks and final decision is still yours. Those interested to subscribe to my FOREX Trading Group/FKLI(futures)/FCPO(palm oil futures),please email me at silkyhawk@gmail.com
Saturday, August 30, 2014
MPAY (0156) ----Latest update.
The stock is still in the impulsive uptrend.
AB....represented the long term uptrend line.
CD....is the accelerated uptrend line.
Support is now pegged at 0.255....strong support is at 0.22
The resistance is at 0.32(R1)...and at 0.375(R2).
Target price remains the same as before...
My average price is now at 0.225 (the buying in...can be verified at Chrissyconn forum at www.i3investor.com)
Today sell down is due to poor market sentiments and contra traders...
Expecting the prices... should be climbing up soon...
( The above is just my2c opinion....Trade at your own risks...the final decision is still yours ).
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