Ticker 1

DNA Trade Journal

Ticker 2

Click "Like" to Receive First Hand Updates From The Analysis Site / Click "SHARE" to share

Monday, 6 February 2017

Healthway Medical: 6 February 2017, Monday, 8.58am Singapore Time

Healthway Medical: 
6 February 2017, Monday, 8.58am Singapore Time

In line with my 5 February 2017 Sunday analysis of the sector rotational play and the analysis of the FTSE ST HealthCare Index (http://donovan-ang.blogspot.sg/2017/02/ftse-st-health-care-index-5-february.html) as well as my highlight on Medical and Healthcare stocks worldwide (http://donovan-ang.blogspot.sg/2017/02/medical-and-healthcare-stocks-worldwide.html) in which I forewarned that  global healthcare and medical stocks are going to rally together for sector rotation, attached above is the SGX-listed Healthway Medical.

Refer to the illustrated battle chart: Healthway Medical had a first big buy from 4.2 cents to 5.0 cents in point 1 of the technical chart. This is a real buy from strong hands based on volume flow and is not a pump-and-dump. Volume flow as illustrated continues to be of accumulation and buying mode and there was even one extremely large selling-absorption in the market in point 2. This is highly bullish within the secret accumulation zones. Based on technicals, as buying from the smart monies had been deliberate and well planned, expect Healthway to make multifold, multi-bagger upmove from here. This represents a more than +100% profits upmove from current point. 

LONG TERM:
BOTTOMING

MID TERM:
BOTTOMING

SHORT TERM:
UPTREND

Additional Chart Below:
Rounding Bottom of Healthway Medical
Healthway Medical: 
6 February 2017, Monday, 8.58am Singapore Time

Rounding Bottom of Healthway Medical


No comments:

Post a Comment