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2 comment(s). Last comment by sgstockexpert 2014-04-23 23:54
Posted by sgstockexpert > 2014-04-23 23:54 | Report Abuse
of course in this case, fundamental factor is not in advantage as CWT got a good fundamental basis in long run.
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
sgstockexpert
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Posted by sgstockexpert > 2014-04-23 23:52 | Report Abuse
from the chart, you can definitely see a downtrend after the previous uptrend which indicate overbought. if you look at MACD crossed, red bar go below 0 level, and MACD line fall below 0 level. It will definitely a downtrend with a certain volume. In this case MACD line is still above 0 level but show good short selling trend. :)