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Wednesday, 12 October 2016

Sime Darby: 12 October 2016, Wednesday, 11.10am Singapore Time

Sime Darby: 
12 October 2016, Wednesday, 11.10am Singapore Time

Attached above is the technicals of Sime Darby, a famous commodity-plantation stock that is listed in the KLSE Market. There is an extremely high red volume bar volume-absorption consumed by smart monies in the market. This is very bullish in nature. The blue symmetrical consolidation triangle will break up violently for a super rally. Within the blue triangle, there is also a hidden pink accelerated-buying Ascending Triangle. So far, selling has been done merely by naive retailers, those small ignorant herding participants who had been brainwashed successfully by the international media to be all gloom and doom. On the other hand, smart monies show interest in buying from everyone who wants to sell. Volume flow has been illustrated on chart above.
A rising tide to lift almost all stocks and equities worldwide in 4Q-2016 and 2017.

Additional Note:
Financial markets will cause the data-laggard herd to be wrong again and leave them out of the impending major moves in equities markets all over the world; data-laggard mainstream media has also successfully made the herd worldwide believe with conviction that there is no reason to rally but plenty of reason for an impending recession.

DNA Technical Rating:
【Worldwide stock markets to have synchronized super rally in 2H-2016 and 2017.】

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