Monday, September 13, 2010

Posted on VK Member site on 6/9/10

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CIMB: Should tomorrow were to have a pull back to close the gap at 7.89, and supported by the line L1, that candlesticks formation might be Bullish Upside Tasuki Gap, still bullish signal;
Should tomorrow were to closed above 8.00 successfully, the MACD might NOT crossed the trigger line and might even form a round bottom histogram. It might be bullish.
However, should line L1 is NOT supported, then the cut loss short or trailing stop level should be below dynamic ema14 or below 7.72;








MRCB: Today is T+1 correction (low volume), it is a pull back effect because it exceeded BB20 upper band. Possible correction supportive range is 1.75 - 1.80;
Trailing stop below dynamic BMB10 or ema31;








FABER: Today is T+2 correction, low volume. The correction supportive level may close the gap (2.68) or the dynamic Bollinger Band Middle Band 10 (BBMB10) which is around 2.66 today. MACD crossed up above trigger line toward zero level is a positive sign that in turn might await for a possible higher low supported by BBMB10 after correction.
A further confirmation is after it could break up closing above L1.
Trailing stop should be below 2.50.