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.
This web log was initially created for people who trade Singapore Stocks over "weekends". It has now evolved into real trading logs and analysis of market and stock situations using technical analysis. This becomes a record of my trading and lessons learned from trading. For more trading lessons please visit: Good Investing Lessons or Good Investing Lessons (Old)
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- ES Sei
- 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。
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