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Monday, 16 June 2014

Medtecs: 16 June 2014, Monday, 4.47am Singapore Time

Medtecs: 16 June 2014, Monday, 4.47am Singapore Time
Chart courtesy of Chartnexus.com

Attached above is a follow-up on Medtecs analysis and with a shorter timeframe outlook.
+ Big Hands, Smart Monies and Market Movers are heavily into Medtecs as per previous technical analyses on Medtecs:
http://donovan-ang.blogspot.sg/search/label/Medtecs

+ Charts are foretelling ahead that haze from Indonesia will infest Singapore again and it will not be a minor haze.
+ BUYS as indicated above
+ Resistance at 7.5 cents and 7.6 cents will break up for a powerful penny stock spike-up.
Buy on Forecast, Sell Half on Smell of Haze and Sell all on Sight of Heavy Haze.

Donovan Norfolk Ang Technical Rating on Medtecs:
Bullish
STRONG BUY/LONG on Haze Speculation Only
(Take profits when it is time to and do not fall in love for the stock as we are transiting to bear markets worldwide)

While big market directions are supposed to be bearish, Medtecs will counter-trend the main index directions worldwide and go its own upwards directions.

(Medtecs is available through SGX)


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