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GoldenAgri – Trend Reversal Pattern Spotted!

  • Post author:Marubozu
  • Post published:October 26, 2009

GoldenAgri closed at $0.45 today and formed a Bearish Abandoned Baby pattern (reserval pattern). $0.44 is 20D MA immediate support and next critical support is $0.412. I exit my trade today at $0.455 as downside probability is much higher than upside probability.

Continue ReadingGoldenAgri – Trend Reversal Pattern Spotted!

Capital Land – Head & Shoulders Pattern Failure!

  • Post author:Marubozu
  • Post published:October 24, 2009

Capital Land had a Head & Shoulders pattern failure and have almost reached the target price of $4.40. Capital Land will probably have a correction to retest the $4.12 resistance turned support line. This stock has the potential to go up to $4.686 if this support level can be hold.

Continue ReadingCapital Land – Head & Shoulders Pattern Failure!

Synear – In consolidation phase now!

  • Post author:Marubozu
  • Post published:October 24, 2009

Synear has moved into consolidation phase with reduction in volume. Nothing interesting to trade Synear now until there is a clear pattern observed.

Continue ReadingSynear – In consolidation phase now!
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