8 January 2017, Sunday, 8.00pm Singapore Time
Attached above is the technicals of SunMoon Food, a penny stock that is listed in the SGX Singapore Market. SunMoon is a stock that has moved up per my 2016 bullish warnings that, based on funds flow calculations worldwide, markets were bullish. As noted in 2016 based on worldwide Smart Money Flow, Big Monies worldwide were aggressively re-accumulating stocks all over the world amidst the gloom and doom of 2016, during which most people were expecting market crash or inflexion point to bear market. Based on price actions and volume flow as illustrated on chart, smart monies continue to be bullish in the stock. SunMoon has moved up +100% since my judgement on penny stock rallies. Based on volume flow, SunMoon should have not much problem going for the +200%. Very bullish for 2017.
LONG TERM:
BOTTOMED
MID TERM:
UPTREND
SHORT TERM:
CORRECTION / RETRACEMENT TO BACKTEST CRITICAL SUPPORTS
Technicals:
Break-out plus Backtest
DNA Technical Rating:
Very Bullish with more upsides to come in 2017
Note:
【Worldwide stock markets to have super rally in 2017 as forewarned during the start of 2016】
【There will be a rising tide that raises almost all boats in the stock markets all over the world】
【There will be a rising tide that raises almost all boats in the stock markets all over the world】
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