IOICorp Daily Chart
IOICorp: Still within the uptrend line. Can it break the resistance line?
KLK Daily Chart
KLK: Is that a valid break? I think that the last transaction was a low volume transaction.
Disclosure: I'm long on both IOICorp and KLK CW. Most probably I'll double up if I think that the break out is valid.
2 comments:
how about thinking that its a double top has been formed ?
A double top or triangulation?
When trend is strong, forget about RSI/MACD/Stochastic. Use moving average.
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