Recent Posts - My Stocks Investing

First Resources: Trend Reversal!

Post author:Marubozu
Post published:August 16, 2011

First Resources showed Bearish Engulfing candlestick pattern at the resistance level. This is a trend reversal pattern and FirstRes is heading towards the next support of $1.23 followed by $1.08 which is the 61.8% Fibonacci Support.

Ezra Holdings: Trading in a Falling Wedge

Post author:Marubozu
Post published:August 16, 2011

Ezra Holdings is currently trading in a Falling Wedge.

Resistance at about $1.15 which is the wedge resistance and also the 20D MA.
Support at $0.895. Breaking this support may send Ezra to $0.556 (123.6% Fibonacci Retracement Level).
Base on current chart, Ezra has not found the bottom yet.

Raffles Education: Continue on Down Trend

Post author:Marubozu
Post published:August 13, 2011

RafflesEdu is trading in a Falling Wedge and currently testing $0.455 support. If this support is broken, RafflesEdu can go even lower! Currently Raffles Education has not bottomed up yet.