Star-Trader's Daily Investment Blog on SGX Stocks

Advice on Technical Analysis on SGX Stocks, how to trade it with japanese candlesticks..and trade with other parameters to gauge the direction of a particular stock if it is uptrend or downtrend..Of course this is only my personal view with disclaimer on my website. "To check Disclaimer, it is on the left top of the website here"

Tuesday, December 11, 2012

Global Properties Logistics Technical Analysis

GLP, Support level of 2.69 already broken.. This will drift further down with the next Support Level will be 2.52 after a good run up previously. Minus DI post to overcome Plus DI soon and this will also be another signal that breakdown will be coming soon for this stock. So, what it means is if tomorrow it can't pull back to close 2.69 or over 2.69, more downside for this stock will happen sooner or later if this condition met. Let's see. Star-Trader ADVERTISEMENT: How to invest in US Penny Stocks? Click Here!
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