Tuesday 24 May 2016

Is TUNEPRO Turn Weak?


According to today closing price is fall below my short term support line 1.5, so a stop lose is require for short term strategy and wait for the next entry timing; for mid-long term, shall reduce counter or on hold and keep close monitoring, but top up is not advisable because the ideal top up timing should be right after the resistance is breakthrough or at least wait until the trend is turn stronger.

Observation from weekly chart, a strong attacking from three white soldier is formed clearly since one month ago, although the attacking is unsuccessful and now the short term support line is back to 1.43, but the defensive formation from three white soldier should at least able to provide some protection to this fall back so far. In short, the base support is not allow to break, once broken then the bearish trend is confirmed and end up everything.

根据今天的收盘价跌破了我之前设下的短线支撑1.5,如果是短线操作,就需要马上停损然后再等待下一个进场的时机;如果是中长期,可以选择减码或继续持有然后持续观察,但是不建议加码,因为加码应该是在突破压力线的位置或者至少等到短线走势由弱转强。

从周线观察,可以清楚看得见三根带量上涨形成一种强势攻击。虽然目前攻击失败往下回档,而短线支撑来到了1.43,但是这三个白头兵形成的防线,估计应该至少可以抵挡空方的攻击。无论如何底部支撑是不能破坏,不然就会翻转变成空头趋势一切宣告结束。









No comments:

Post a Comment

Timing...

 Today is the first post without any chart... Just because of I realised the important of timing...