Sunday, 22 March 2015

Supergroup: 22 March 2015, Sunday, 7.23pm Singapore Time

Supergroup: 22 March 2015, Sunday, 7.23pm Singapore Time

Attached above is the Technical Analysis of SuperGroup that is listed in SGX.

The RED BOX region is my end-2013 and early-2014 Live Worldwide Funds Flow Analysis Warnings of a Bear Market Transition to happen in 2014 and to get out of all stocks and equities.

This stock has proceeded to execute the sell down that I forewarned.

It is currently in escape wave but the escape wave is ending.
The stock is still in long term downtrend.
In essence, any escape wave rebound is a sell/short into rebound.

Refer also to my 2-June-2014 Severe Warning on SuperGroup:
http://donovan-ang.blogspot.sg/2014/06/super-group-2-june-2014-monday-1247am.html

SuperGroup is now approaching zone of Extreme High Resistance: high risk for buyers. 
Be careful: price satisfaction of escape wave has also been completed.

$1.475-$1.575: 
VERY HIGH RESISTANCE ZONE (HIGH SELLING PRESSURE)



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