Thursday, January 15, 2009

Stock Trend Analysis - Indecision indicator

Hindsight: Comfort Delgro Ltd

Based on 14th Jan 2009 chart, if my theory is correct, it seems that the counter is trending towards a protracted downward movement. Let's see how it will turn out. If this turn out to be true, then we can deduced that during a major downtrend (i.e. when 200MA is trending down), any indecision shown on technical indicators will eventually lead to more downward movement for a period of time.

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I'd like to share my experiences and knowledge about healthy and happy living as well as mid-life crisis. 不以物喜,不以己悲。