Trading - Jadason
Jadason - Hourly
Jadason - Daily
TA
This counter had a good run up from Mid-Feb 2006. On the day charts, I think sell signal could emerge very soon. On the 1 hour and 30 mins charts, sell signals have already confirmed. I would like to state that sell signal does not mean it is a good time to short as retracement might be short lived for bullish stocks (like Jadason, tech sector is a bullish now) This is a TA view and not a FA view. Barring unforseeen circumstance and news, it will retrace.
Jadason - Daily
TA
This counter had a good run up from Mid-Feb 2006. On the day charts, I think sell signal could emerge very soon. On the 1 hour and 30 mins charts, sell signals have already confirmed. I would like to state that sell signal does not mean it is a good time to short as retracement might be short lived for bullish stocks (like Jadason, tech sector is a bullish now) This is a TA view and not a FA view. Barring unforseeen circumstance and news, it will retrace.
2 Comments:
At 7/5/06 17:34 , TopTrader said...
Retracement, if any, will be very shallow since the overall uptrend is still very bullish and the conslidation formation has just been broken out on the daily chart. PCB is fashionable now. Refer Eucon.
At 7/5/06 17:34 , TopTrader said...
Not vested.
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