Ticker 1

Ticker 2

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

Thursday, 12 June 2014

Yongnam: 12 June 2014, Thursday, 2.08pm Singapore Time

Yongnam: 12 June 2014, Thursday, 2.08pm Singapore Time
Chart courtesy of Chartnexus.com

All Technical Analysis of Yongnam are as per illustrated in Daily Chart above.

+ Multiple Road Blocks set up by Big Hands which are deliberate and determined
+ Violent Price Rejecions after Pump and Dump in Green.
+ Major wave down is impulsive.
+ Waves up are corrective.
+ Corrective waves are ending
+ Resumption of major downtrend coming.
+ Mid-long term target will be to break down 19 cents for new multi-year lows in this bear market in Yongnam.

Donovan Norfolk Technical Rating:
Bearish
Long Term Bear Market as per warned way beforehand
(Sell on Rebounds)



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