Wednesday, July 2, 2014


nikl chart as of 02 jul 2014 
(click on the chart to enlarge)


1. the macd histogram is lower

2. the sts is > 80 (overbought); the sts is lower

3. resistance: 34.20

4. support: 32.20 

5. further profit taking in nikl today ... closing lower @32.60 after reaching 34.20 intraday ... 

6. closed my nikl position ... will think of buying bak laterwards 

click here for my trading rules

p.s. readers are encouraged to check out the stocks' charts themselves .. using the values for each of the indicators (the values for the indicators are the default values used in's charts) ... in the absence of any personal charting program, the pse website's charts are enough for the purpose