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Wilmar: Shooting Star

  • Post author:Marubozu
  • Post published:August 30, 2015

Shooting Star on Wilmar at $2.90 support turned resistance. Wilmar is on down trend. Does it mean this Dead Cat Bounce has finished? Standby to short!Wilmar Aug29-2015

 

Continue ReadingWilmar: Shooting Star

UOB: Shooting Star at $20 Resistance

  • Post author:Marubozu
  • Post published:August 30, 2015

UOB is showing a Shooting Star, a potential reversal candlestick pattern, at $20 resistance. This $20 is a very reliable support turned resistance since 2009. Respect this $20 resistance!

UOB Aug29-2015UOB (20 Resistance) Aug29-2015

Continue ReadingUOB: Shooting Star at $20 Resistance

Thai Beverage: Hanging Man!

  • Post author:Marubozu
  • Post published:August 30, 2015

Thai Beverage (THBEV) showed a Hanging Man, potential reversal pattern, at 50% Fibonacci Retracement Level after breaking down from a Symmetrical Triangle chart pattern. Minimum price target is $0.655. Standby to short!

THBEV Aug29-2015

Continue ReadingThai Beverage: Hanging Man!
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