Tuesday, 29 January 2013

Week 5 Update (28/01/2013)

Overall the market has shown strong resilience, and instead is still inching upwards.
Trading volume is well spread out among all segments of market, this is a good sign.





1) Well behaved nice uptrending stock with little corrections. 
2) Its squeezing in a ascending triangle
3) Resistance of 1.8 to1.815 tested at least 5 times
4) Chance of another strong rally upwards if it break outs of this resistance.