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Post by zuolun on Sept 19, 2014 9:02:40 GMT 7
Never catch a falling knife — oldman A falling knife in the stock market refers to a stock that experiences a sharp decline and it may collapse > 50% from its breakout/pivotal point, b4 bottoming out. POSH — Riding on the corrective 3 waves downMayBulk — Trading in a Rectangle, crucial support @ 1.66MayBulk closed @ 1.66 on 18 Sep 2014. Immediate support @ 1.63, immediate resistance @ 1.77. MayBulk (weekly 24 Oct 2011 to 18 Sep 2014) — Ascending Broadening Wedge, crucial support @ 1.66
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Post by zuolun on Oct 11, 2014 13:59:48 GMT 7
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Post by zuolun on Oct 22, 2014 10:02:22 GMT 7
MayBulk — A "Waterfall Decline" chart pattern, major bearish trend reversal with 5-Wave down, Interim TP RM1.29, next TP RM1.08
MayBulk closed with a hammer unchanged @ RM 1.40 with extremely thin volume done at 303 lots on 21 Oct 2014. Immediate support @ RM 1.27, immediate resistance @ RM 1.405. (Rm 1.40 divided by 2.5 = S$0.56) MayBulk (weekly 24 Feb 2012 to 21 Oct 2014) — Classic MOD chart pattern Biased to the downside
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Post by zuolun on May 27, 2015 15:08:23 GMT 7
MayBulk ~ Classic MOD chart pattern, interim TP RM 0.92, next TP RM 0.77MayBulk closed with a bullish harami @ RM 1.09 (+0.03, +2.8%) with extremely thin volume done at 150,000 shares on 26 May 2015. Immediate support @ RM 1.05, immediate resistance @ RM 1.10.  MayBulk — A "Waterfall Decline" chart pattern, major bearish trend reversal with 5-Wave down, Interim TP RM1.29, next TP RM1.08
MayBulk closed with a hammer unchanged @ RM 1.40 with extremely thin volume done at 303 lots on 21 Oct 2014. Immediate support @ RM 1.27, immediate resistance @ RM 1.405. (Rm 1.40 divided by 2.5 = S$0.56) MayBulk (weekly 24 Feb 2012 to 21 Oct 2014) — Classic MOD chart pattern Biased to the downside
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Post by zuolun on Mar 2, 2016 12:16:32 GMT 7
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