Learn practical trading strategies.
Take control of your future!

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

Biosensors – Bullish pennant may fail

As previously mentioned in chat box, the unusually high volume on Oct 28 is something to be worried, as there is upper shadow in that candle. This means that there are some selling pressure. If Biosensors closed below 1.375 which is also a previous resistance turned support, there is a high chance this bullish pennant will be negated (fail).

 
Photobucket




Comments are closed.


©2013 Charting Academy Pte Ltd