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Friday 28 November 2014

IFCAMSC: 28 November 2014, Friday, 7.20am Singapore Time

IFCAMSC: 28 November 2014, Friday, 7.20am Singapore Time
Chart courtesy of Chartnexus.com

Attached above is the stock of IFCAMSC that is listed in the KLSE.
The above technical analysis describes what is happening in this stock.
Distribution occurring at the banded range  of  76 cents to 94 cents.

IFCAMSC: 28 November 2014, Friday, 7.20am Singapore Time
Chart courtesy of Chartnexus.com

IFCAMSC has already achieved price satisfaction of its upmove. 
Distribution on-going. Next phase will be the plunge down stage, causing everybody to rush for the exit all at the same time.

IFCAMSC: 28 November 2014, Friday, 7.20am Singapore Time
Chart courtesy of Chartnexus.com

Exponential movement as above. 
Do not risk small upside (which is still possible) for the tremendous downside.




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1 comment:

  1. hi,can you explain how you see the distribution volume? thanks ^^

    ReplyDelete