Ticker 1

DNA Trade Journal

Ticker 2

Click "Like" to Receive First Hand Updates From The Analysis Site / Click "SHARE" to share

Sunday, 1 June 2014

UOL: 1 June 2014, Sunday, 11.20am Singapore Time

UOL: 1 June 2014, Sunday, 11.20am Singapore Time
Chart courtesy of Chartnexus.com

Property Bear Market as per previously warned beforehand.

+ High Volume Breakdown with Low Volume Backtest to confirm downtrend.
+ UOL is now following a RED channel downwave.
+ ORANGE circles above highlight the bear market transition in properties.
+ Those who are highly leveraged in properties will suffer great loss as the tide has turned.
+ Escape Wave had sucked in many retailers, traders and investors who never know they are counter-trend and risks of counter-trends are always much higher than with-the-trend.

Worldwide Financial Markets are transiting to Bear Market as per forewarned previously.

Donovan Norfolk Ang Technical Rating:
Bearish
Short/Sell off
(Bearish in all Property Sector Stocks As Per Reiterated)




Click "Share" on the Facebook icon at the bottom of this thread if you like it, or 
if you would like to start a discussion about it with friends on your Facebook Wall.

No comments:

Post a Comment