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Monday, 28 January 2013

Manulife: 28 January 2013, Monday, 9.10am Singapore Time


28 January 2013, Monday, 9.10am Singapore Time

US Market Stock: Manulife (NYSE: MFC)
As attached, Manulife will be on a relatively significant mid-term up-wave.

Price Satisfaction based on Price Structure at $12.10 was hit, after which it underwent an accumulation (buy) phase hovering around $12.10 to form a significant double bottom.

The chart above illustrates all the buy signals:
Powerful Buy Points: DARK GREEN TRIANGLE
2ND LEVEL BUY POINTS: RED SATISFACTION LINE
3RD BUY POINT: BREAK-UP OF $12.15 AND FUTURE BACKTEST OF $12.15 AS SUPPORT.

Target 1: $18.15
(Approximately +50% profits)

Hence, Strong Buy based on Donovan's Market Analysis.
Multiply your wealth with Manulife.
It's business operations in Asia is projected to do well based on Donovan Technical Analysis.


Donovan's Market Analysis:

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