Attached above is the Technical Analysis of Viking Offshore that is listed in the Singapore Stocks Market.
The RED BOX regions are my Live Worldwide Funds Flow Analysis Warnings of a transition to bear market in 2014 and to get out of all stocks and equities. This stock has proceeded to execute the transition to bear market after my warnings. The full transition process is illustrated in chart above.
Hazelnut Zone (Descending Triangle) in chart shows the stock's failure to rally on maximum +10.000 FFA, denoting triple confirmation of the long term bear market for the stock. This stock will proceed to break down as many supports as it can even after any dead cat bounce, causing long term bear to form many new long term lows.
This is the wealth destruction as forewarned in end-2013 and early-2014.
The bear is far from over: more stocks will join this rank in 2015.
The RED BOX regions are my Live Worldwide Funds Flow Analysis Warnings of a transition to bear market in 2014 and to get out of all stocks and equities. This stock has proceeded to execute the transition to bear market after my warnings. The full transition process is illustrated in chart above.
Hazelnut Zone (Descending Triangle) in chart shows the stock's failure to rally on maximum +10.000 FFA, denoting triple confirmation of the long term bear market for the stock. This stock will proceed to break down as many supports as it can even after any dead cat bounce, causing long term bear to form many new long term lows.
This is the wealth destruction as forewarned in end-2013 and early-2014.
The bear is far from over: more stocks will join this rank in 2015.
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.
Donovan, what will go up?
ReplyDelete