Thursday, December 28, 2017

LHN - Will price continue to trade higher with enormous volume on 28th December 2017?


Base on price action, it is highly possible that the price may test 0.245 level. But will the uptrend continue?

We need to see the next few bars, if the price is weak, we shall witness higher price bar with narrow spread and high trading volume. If the price is still strong, we shall see negative price bar with below average volume, trading above 0.23.  Lets see what happen tomorrow......



Friday, February 10, 2017

How to determine that an uptrend is reversing soon?



No stock will continue to go up, up and away. This is true if you agree that "Whatever goes up, will come down one day" but when?

When trading, always look at the left side of the chart, look and feel if the background is still moving up with supporting volume or reducing volume. This insight will give you the trading edge when you decide to take a trade later.

Stay focus and 2017 will be the greatest trading year with good profits for active traders.....

Cheers