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IndoAgri: Trading in a Down Trend Channel

  • Post author:Marubozu
  • Post published:September 23, 2011

Indo is currently trading in a Down Trend Channel and rebound down from the channel resistance. Base on the chart, IndoAgri probably heads towards $1.00 the next support.

Continue ReadingIndoAgri: Trading in a Down Trend Channel

Noble Group: Turning Down after failing to test the resistance

  • Post author:Marubozu
  • Post published:September 23, 2011

Noble Group is turning down after fail to break the down trend support turned resistance. Short term Noble Group should be heading toward the next support at $1.33.

Continue ReadingNoble Group: Turning Down after failing to test the resistance

United Overseas Bank (UOB): Load your SHORT Gun!

  • Post author:Marubozu
  • Post published:September 23, 2011

UOB is currently testing an used to be reliable support at about $17.11. If this support is broken, UOB will be heading towards the 61.8% Fibonacci support at about $15.24. LOAD YOUR SHORT GUN! (Something like START YOUR ENGINE in F1)    🙂

 

Financial Sector is extremely weak at the moment. See previous analysis.

Continue ReadingUnited Overseas Bank (UOB): Load your SHORT Gun!
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