Showing posts with label CapMallsAsia 100204 1012am. Show all posts
Showing posts with label CapMallsAsia 100204 1012am. Show all posts

Wednesday, February 3, 2010

CapMallsAsia First Sunshine

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First time price moves above the Ichimoku cloud since 17 Dec 2009 as shown on the hourly chart. This Ichimoku cloud which is called the kumo in Japanese will now act as a support zone. Trading will most probably be confined within the green channel.
Further review and assessment will be conduct if there is a breach of this green channel.