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SembCorp Industry: Shooting Star at 20D SMA Resistance

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

SembCorp Industry was rejected at 20D SMA Resistance with Shooting Star candlestick pattern.

20D SMA is a reliable resistance on this down trend. Wait for confirmation to short.

SembCorp Aug30-2015

 

Continue ReadingSembCorp Industry: Shooting Star at 20D SMA Resistance

Starhub: Shooting Stat at 20D SMA Resistance

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

Starhub was rejected at 20D SMA Resistance with Shooting Star, a potential reversal candlestick pattern. The trend remains bearish. Wait for confirmation to short.

Starhub Aug30-2015

Continue ReadingStarhub: Shooting Stat at 20D SMA Resistance

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
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