Hengyuan Volume Flow and Money Flow Analysis:
7 March 2018, Wednesday, 1.20am Singapore Time
(Click on Technical Chart Above to Expand)
(Click on Technical Chart Above to Expand)
Attached is the Volume Flow Analysis and Money Flow Analysis of Hengyuan Refining Company. In terms of volume flow, the 1st dark brown circled region shows how markets are supported with high volume at critical support. The 2nd dark brown circled region shows transfer of shares from margin accounts' weak hands to strong hands now (weak hands out, strong hands in). In terms of money flow, the Chaikin Money Flow confirms the volume. The orange boxed region is a typical flow of how it looks like when margin account holders are shaken out. When price falls, the money flow does not want to fall or is resistant to falling. The strong hands who take over from margin-ed hands are likely to bring Hengyuan up another 3 to 5 folds (another +300% to +500% returns) based on pivot milestone theory as taught earlier, in sync with the supercycle upmove of crude oil towards the $175-$180/barrel target as analysed previously.
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