Friday, July 4, 2014

NIKL/NICKEL ASIA CORPORATION (04 jul 2014)


nikl chart as of 04 jul 2014 
(click on the chart to enlarge)

remarks: 

1. the macd histogram is higher

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

3. resistance: 34.90 - 35.00

4. support: 32.60 

5. nikl breaches the 34.20 resistance and establishes a new 52-week closing high @34.75 .... after hitting 34.90 intraday ...

6. bought bak the position i sold just the other day ... it seemed that there is no stopping nikl's advance and that waiting for it to settle below 32 is just a pipe dream ...


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 citiseconline.com's charts) ... in the absence of any personal charting program, the pse website's charts are enough for the purpose