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Message: Re: Observation...

Jan 18, 2013 09:54PM

Rumor has it that there are some kids over here that want to play.

Did a quick check of the technicals for NUSMF, so here goes...

SP bouncing off 50DayMA and is support, BB's are starting to constrict indicating possible consoidation about to happen, 14DayMA&34DayMA&8DayMA holding back SP as resistance, Stoch turning for the better. Generally looks like good short term upside possible.

What happened on Jan 7? And on Jan 15-16? Volume avg appears lighter since 16th.

Breaking the resistance is key - then should run to the upper BB, currently about 64 but trending down. So, maybe 0.55-0.60'ish. Keep a tight stop in place and all is good.

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Feb 07, 2013 06:07AM

Apr 10, 2013 12:25PM
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