Hi all,
Follow-up from the last chart,
The point made below are based on the assumption that the current green trendline remain valid.
1. We have make good progress on the trend since it break out from the 3 mth downtrend.
2. We had clear the $3.00 and currently @$3.15 support/resistance level.
3. If $3.15 still hold, we should be looking at $3.45 soon.
a. Based on the current trend, the earliest timeframe to hit $3.45 may be within the next 10 trading day.
b. Based on the current trend, the latest timeframe to hit $3.45 should be before 27th Aug 16
As at now, we are trading at $3.15 region......
Most importantly, i am not an expert in charting, so comments and input welcome.
Cheers
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Hi all, Follow-up from the last chart, [ATTACH] The point made...
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