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miniosa
if u ask me abt this counter
is better to stay away for the time being... note the candlestick, it showing some trend... will update the candlestick soon when i go n look for the formation.
apart from that stochastic showing a positive signal which is crossing over the red line. and it's oversold with high vol. (don know what is means by the oversold in high vol but there's some signal in that too... mayb blitz can explain or anyone)
Thanks Cool79 Not that I am interested to get in but I already got stuck there with 15 lots above $1. Wanna to see the outlook ...
Also, I would like to learn how to draw the trend line for support/resistance amidst the drastic sell off. All previous support doesn't link to the current low le
just took a look at longcheer's chart....you're right that the current prices are not very good to do TA on. TA works best on trending stocks. For longcheer, it still suffering from the effects of the poor earning results and to top it off, the recent market correction...tha'ts why it's hard to say what suport/resist it's at until it has reestablished a normal trading pattern
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