Following up from Sell call made on 6 Aug 2013. Tiger has traded lower on a weaker market for the past 2 weeks and consolidated slightly above 0.55 support level. Has seen it broke the 0.55 support level today, more downside can be possible if it does not creep back up within the next few days. Trading sell call triggered on break down of immediate support. As long as 0.55 is a new resistance, a decline towards 0.52 to 0.50 seems likely. A downside breakdown of Critical 0.500 will trigger a bearish acceleration to find a new all time low again. Those looking to long, don’t do so till it proves otherwise, cheap can get cheaper. J
But Stop at 0.565.
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