This is technical chart of statschippac. Statschippac break up from downtrend channel on Aug 11 and move up all the way to 1.05. It is no doubt a third wave that brought statschippac share price to 1.05 from 0.87. From the technical indicator, we can see that CCI, stochastic and RSI are all in overbought region, a slight pullback could be due to correct the overbought. As statschippac could be in wave 4 next week, we can hold when it is going through wave 4 and be prepare for wave 5...
# posted by chua @ 4:37 PM
This is technical chart of statschippac. Statschippac break up from downtrend channel on Aug 11 and move up all the way to 1.05. It is no doubt a third wave that brought statschippac share price to 1.05 from 0.87. From the technical indicator, we can see that CCI, stochastic and RSI are all in overbought region, a slight pullback could be due to correct the overbought. As statschippac could be in wave 4 next week, we can hold when it is going through wave 4 and be prepare for wave 5...