Wednesday, November 30, 2016

Japfa: Back to resistance turned support, price 0.915, a rebound or break down? A Bullish EXIT seen previously

Following up from previous call, we have indeed seen profit taking the moment 1.00 was hit.

More importantly, we have seen Japfa dipping back to the new KEY support over the past few days.

Support would be at 0.885 – 0.89 now which was originally the resistance it broke up from leading to the rally earlier.

As long as 0.885 were to hold, we can still see a potential rebound back to 1.00 level.

We finally had a Exit signal 2 weeks back for the earlier 1ET BULLISH Signal ON 28 Oct 2016 (See below chart for more info).

Will be looking out for any entry again J


Recent Emails:

Sent: Thursday, November 10, 2016 9:34 AM
Subject: ******* Japfa: Target almost hit, may see some profit taking here, Price 0.995

Sent: Wednesday, November 09, 2016 9:15 AM
Subject: ****** Japfa: A further up move, may head towards 1.00 next, price 0.96

Sent: Friday, November 04, 2016 9:43 AM
Subject: ****** Japfa: A firm move above 0.900 indeed, target on tracked, price 0.93

Sent: Thursday, November 03, 2016 9:30 AM
Subject: ******* Japfa: May attempt a move above key resistance again, price 0.905

Sent: Tuesday, November 01, 2016 9:19 AM
Subject: ******* Japfa: Atemtping a move above key resistance, price 0.895

Sent: Monday, October 31, 2016 2:08 PM
Subject: ********* Japfa: A potential move above 0.900 can see the uptrend continue, price 0.885

For illustration purpose only

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