short term trading - week starting 19th august, page-25

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    Tin looking here to break the last line of retrace resistance.

    Measured move target to $23,600/T where a gap is conveniently located. Expect a retest of 200 Dema after that (light blue line) before potentially the start of a much bigger rally going into Christmas. Stocks in your headlights should be:

    KAS support entering today, sellers exhausted IMO
    VMS currently in retrace wait for support to enter
    CSD a stunning bull pennant on the weekly
    MLX Doji on the daily look for continuation,
    SRZ final stages of basing.

    any others??

 
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