12 September 2017, Tuesday, 11.50pm Singapore Time
(Click on Technical Chart above to Expand)
Attached is the technicals for Imperium Crown, a small cap stock that is listed in Singapore SGX. The blue circled regions are the regions of bullish volumes with healthy retracement volumes. The yellow rectangled regions are the regions where high volume absorptions took place in the market. This is bullish in nature right after the series of already healthy volume flow in blue. There is a recent high volume breakup in early 2017 followed by yet more healthy volume retracements at the successful backtest of 0.084 and 0.094 resistance-turned-supports. This means market is ready for more rocket rallies up as. High upside rally expected. The light blue regions are the current comeback boats. Bullish.
No comments:
Post a Comment