OSIM 1/2 way down
I have bought OSIM in the past and I have forgot what caused me to look into this couter. It was probably ... I really don't know, but definitely some one mentioned it.
So after many years, I am back to look at this counter a see how it is doing.
A look at the chart however, it does ot look good. Although there is no reversal pattern (unless we consider a small double top there), it started with a 3-wave pattern and competed A, it is now into B which I believe is a triangle, the breaking out will lead to C. So far the measurement says that it should be going to around SGD1.30.
The chart is supported by a trendline stretching from 2009 but is is presently being tested twice already, I would assume it breaks this trendline by next week.
I am also adding in the Fibonacci Arc. It seems that the counter is on the borderline of one of such arc, whih it was supported.
Anyway, doe not look good.
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