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Tuesday, 6 September 2016

LionGold Technical Analysis: 6 September 2016, Tuesday, 12.20am Singapore Time

LionGold Technical Analysis: 
6 September 2016, Tuesday, 12.20am Singapore Time

Attached above is the technicals for LionGold that is listed in the SGX Singapore Market.
The Black circled regions are my past analyses in 2013, 2014 and early 2015 to get out of stock markets. The Green boxed region is my latest analysis in 2016 analysing that LionGold has finally bottomed with Capitulation. 

LionGold Technical Analysis: 
6 September 2016, Tuesday, 12.20am Singapore Time

In standard textbook style technical theories, red volume bars are sell volumes; however, applying blindly, most people will be fooled most of the time. The above red volume bars on chart are red volume bars of buying (re-accumulation). LionGold has bottomed.


3 comments:

  1. Liongold is $0.001.....truly dead? Any upside given the terrible management team?

    ReplyDelete