
See it for yourself and make your own judgement. SuntecReit chart is still facing triple resistance. In my post "Investor, Traders and Speculators Charts", it really looks like a trader chart. If it break the triple resistance, I believe it is going to become a speculation chart.
Looking at the MACD, RSI and Stochastic, it may be the worse time to buy and best time to sell in my opinion. Please note that I am using TA to position myself for long term investing and not to predict the direction of the market. My target buy price has increased from $1 to $1.10. If the price never reaches $1.10, then I will not buy at all.
No comments:
Post a Comment