| Latest Forum Topics / Genting Sing Last:0.765 -- |
 Post Reply
|
|
Genting Betting on Major Resistance Zone
|
|
|
tact888
Member |
10-May-2010 11:15
Yells: "Learn a life-changing skill and empower yourself. tactcharts" |
|
x 0
x 0 Alert Admin |
22 Feb 2010 1st attempt to clear green major resistance zone 16 Mar 2010 to 22 Mar 2010 2nd attempt with multiple daily bars within the green band 30 Apr 2010 3rd attempt with shooting star candlestick warning of bearish pullback and the additional resistances from 100EMA and the upper red channel resistance 10 May 2010 Testing of triple resistances formed by green resistance band, upper red channel boundary and 100EMA in progress. A strong breakout above this major green resistance barrier will challenge the pink resistance band. If strong follow up buying continues the dark blue resistance barrier may be tested. However if the bears wins the bet expect a retracement to the following probable supports 1. Pale orange belt 2. Lower red channel support 3. Light blue band 4. Critical lavender base support View chart at http://tactcharts.blogspot.com/2010/05/genting-betting-on-major-resistance.html |
| Useful To Me Not Useful To Me | |