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Thursday, 12 June 2014

Zagro Asia: 12 June 2014, Thursday, 1.40pm Singapore Time

Zagro Asia: 12 June 2014, Thursday, 1.40pm Singapore Time
Chart courtesy of Chartnexus.com

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

+ Reduced momentum
+ Deliberate suppression at the peak
+ 1st and 2nd bulk exits by smart monies and capital outflow as above
+ Main aim will be to break down 25 cents as mere first target.

Donovan Norfolk Technical Rating:
Peak Suppression in Up-Channel
Bearish-biased /Toppish
Long Term Bear Market Transition as per warned
(Sell on Rebounds)



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