YongNam Holdings Ltd
For today's exercise, I picked Yong Nam Holdings which was one of Friday's most active counter.
The chart seems to show the multi-year counter wave pattern. The pattern is quite a common sight. The chart also shown a completion of the B pattern of the counter wave and heading south. I don't know, it look as if I am quite a passive person.
The interesting part about this chart is that it has been dorment for quite a while since 2003 till 2007. The up-ward thrust subsequently equals the dorment period in length.
posted by denzuko1 @ 8:16 PM
1 Comments:
@Sahadat Hussain: You are quite right, my teacher has always mentioned about the funds and the big guys controlling the market.
The only thing we can do now is hitching a ride base on their moves.
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