Down Trend Resistance - My Stocks Investing

Golden Agri: Can The Stock Break 200D MA Resistance?

Post author:Marubozu
Post published:November 12, 2011

Golden Agri has posted a good earning in the latest result. Can this good news break the 200D MA resistance and the down trend channel resistance? If yes, the down trend will be broken. If no, it is time to prepare for the short position.

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ST Engineering Capped at Down Trend Resistance

Post author:Marubozu
Post published:September 29, 2011

ST Engg is currenty trading in a down trend. The 200D MA is sloping down. Unless ST Engg can break the down trend resistance and 200D MA and stay above $3.00, the stock is likely to continue to fall towards $2.695 the next 50% FR in the near term, followed by $2.54 (38.2% FR).

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