Chasen Holdings Limited

| November 3, 2010 | 0 Comments

Chasen is showing multiple signals for a reversal using Bill William’s Chaos Trading methodology:

  1. From #1, strong bullish divergent bar (Wise man 1)
  2. Bars are crossing above alligator
  3. From #1, there is a strong buy fractal signal.
  4. From #2, three green AO bars (Wise man 2)

chasen

From the analysis of its chart, resistance is at $0.345. From that, it looks like these points are suggested:

Entry: $0.350
Cut Loss: $0.335

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Category: Stock Alerts

About the Author ()

John Tan has been Vice President of BlueTrust Investments Corporation for 6 years since the mid-90’s. He has since moved on, to be a professional full-time trader.

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