Tuesday, October 24, 2006
SUGAR and IPOWER TA view
SUGAR
Basically base on the sugar chart,
1)From July to September is running slow and steady pattern (still got 100% return)
2)From October Onward, the uptrend line has been changed to aggressive uptrend.Believe that in short term will see RM2.50 to RM3.00
3)The above is base on the TA Judgement, Just for the knowledge sharing purpose.
IPOWER
Ipower has break out its short term down trend line,base on the chart theory, it will test on the immediateresistance which located at 1.18, If the 1.18 brakthru is successfully, it will test again on its next level of high which located at 1.47.
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5 comments:
Last friday closed at 2.18
For the SUGAR, base on the chart pattern and my triggerpointsystem chart theory, SUGAR will be still on uptrend, the risk to going down is very slim. in short term , SUGAR will trade in between 2.5 to 3.00
For the IPOWER , it will raise up in systematically in wave formation theory, keep an eye on IPOWER, hee will give a handsome profit.
Today buy in again on IPOWER at 0.89
N2N has completed its profit taking correction, currently this counter is ready to go signal.
Donot contra, the big money is inside the trend, not by speculative.
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