Learn practical trading strategies.
Take control of your future!

Singapore & Malaysia
Knight Trader Boot Camp
Details in Facebook Gathering of Traders

F&N – Trying to stay above the long term trendline

It tried and tried again for the last 1 year and finally F&N managed to broke and stay above the downward trendline. Will it have a confirmation to go higher? Or will it pullback and test the second smaller trendline, making it a resistance broken turned support trendline? Therefore, now either we wait for it to test the lower support or use the break higher strategy.

 
Photobucket
 




Comments are closed.


©2013 Charting Academy Pte Ltd