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HerbalTeaSeller

HerbalTeaSeller

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strangerjun said:
HerbalTeaSeller,

Can advise if there is flag formation and will chiong pass $1?

:s12::s12:
Click to expand...

gfVgXAJ.png


Might be forming another bullish pennant or maybe a flag, wait for confirmation(pattern to form) , let the market do the work. If pattern is formed we might see the $1 psychological resistance to be broken then $1 might be broken and fill up the remaining gap to $1.005.

Just my 2cents. Take it with a pinch of salt.
 
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HerbalTeaSeller

HerbalTeaSeller

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Flag, Pennant (Continuation)

D857NYL.png


When price break out add $0.105 will derive a TP.

The formation of pennant is justified by decline from heavy volume.

The flag pole is justified by heavy volume during advancement from $0.855 to $0.99.

Will cut kukubird at $0.93. Current set up have a good risk to ratio reward of about 2.5~2.6

Good luck, have fun. :)
 
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Perisher

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Mod cry here. Queue to buy at 70c last time for a very long time... just one month not in sg, boom, $1. Cry ah cry, sad ah sad.
 
strangerjun

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Perisher said:
Mod cry here. Queue to buy at 70c last time for a very long time... just one month not in sg, boom, $1. Cry ah cry, sad ah sad.
Click to expand...

In late oct, I saw possible breakout le.. But I didn't expect so hiong!

:s12::s12:
 
HerbalTeaSeller

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The house always win. Casino is the house. When people poor, they will gamble.When they have no money to gamble they will Rob,steal,cheat,borrow to gamble.
https://www.google.com.sg/amp/www.cnbc.com/amp/2016/12/06/genting-singapore-shares-extend-rally-as-japan-edges-closer-to-legalizing-casinos.html?client=ms-android-oneplus

Sent from OnePlus ONEPLUS A3000 using GAGT
 
strangerjun

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HerbalTeaSeller

HerbalTeaSeller

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HerbalTeaSeller said:
D857NYL.png


When price break out add $0.105 will derive a TP.

The formation of pennant is justified by decline from heavy volume.

The flag pole is justified by heavy volume during advancement from $0.855 to $0.99.

Will cut kukubird at $0.93. Current set up have a good risk to ratio reward of about 2.5~2.6

Good luck, have fun. :)
Click to expand...

Adjusted TP from today's breakout will be at $1.09.

Let's review the breakout today.

1) $1 has been broken. Basic tenet of Dow Theory, resistance broken will turn into support. New support $1

2) Breakout confirms pattern validity. (For those who wants CERTAINTY

Lastly a chart speak a thousand words. Compare it with the chart in the quote above which I had posted 1 day ago.

LcdUrZu.png
 
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