Straits Asia has formed a Head and Shoulders and has broken the neckline. Target price for this Head and Shoulders breakdown is $1.20. There was a little rebound after the breakdown of neckline but the stock price is unable to break the 20D MA resistance.
Straits Asia – Head and Shoulders Formed!
- Post author:Marubozu
- Post published:June 1, 2010
- Post category:Straits Asia
- Post comments:0 Comments
Tags: Head and Shoulders