Welcome to my trading journal! A place where I share my Psychology, Money Management & Trading system on trading shares in the Singapore Stock Market. Fellow shares enthusiasts are welcomed to share thoughts too. I hope my posts will be educational to you in your quest to growmoney. I can be reached at eehwa.ng@gmail.com outside of the blog.
Saturday, July 26, 2008
JSX: Aneka Tambang (ANTM)
The bluelines are support lines where it is better to fish there. Target of the D-triangle is shown. However, because it is bigger than 2 months, it is a very loose pattern and there is a possibility that we will not see the target. 1810 is another significant level to watch. Should there be any rebound, it will be kept at the red line. The gap down will be the first resistance as we look forward to a test of this falling window. On the weekly chart, a doji has formed signifying the bears are taking a break... watch for a white candle with strong volume by next friday as a hint of reversal maybe.
DISCLAIMER: This is not an inducement to buy or sell. You should do your own analysis on top of my postings.