Notice recent times, my analysis is getting off-target. so i need to sharpen it more before I enter these counters. recently just read up more on multiple time frame analysis. so going to review the calls i made, and then explain it.
Summary
Charts
Sino Grandness. initially there is a reversal breakout play, but after 1 week period there are no signs of a reversal, and i would suggest to exit this counter.... if you look at the hourly charts, it shows a down trend, while for the daily charts, it seems like an onset of a reversal, but it has not materialize. thus the verdict is that it will take somemore time before sino grandness breakout. so to exit so as to gain back liquidity
above: Sino grandness hourly charts, reversing downwards.
above: sino grandness daily chart, hovering around the 50SMA point
Hyflux. Believe that it is on target for a reversal-breakout. as the price has stayed above 50SMA, and the hourly chart is uptrending. this means can stay in for the ride up, but remember to exit when needed.
above: hyflux hourly charts, up trending
above: hyflux daily chart, staying above 50SMA, indicating higher possibility of a reversal.
Yingli. broke support, and have to SL. should have noted the double bottom pattern as it was lower highers, which will translate to lower lows.
Yuuzoo. broke support, and SL. similarly doible bottom bearish reversal spotted.
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