This blog is a journal of charts on ASX stocks in various point in time. You might find charts on Major forex pairs,Nasdaq and SGX stocks as well.It reflects the author personal view. Its neither advisory or invitation to trade. All done in the interest and passion for the market, trading, technical analysis and elliot wave. And to exchange view, opinions with traders worldwide. .
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Monday, October 25, 2010
Hong Leong Asia : Chart update
http://en.wikipedia.org/wiki/Triangle_(chart_pattern)
Near Term Price structure :
$3.35 Support holds for now.
Came close to breaching the support yesterday.
Prices has broken out of the near term consolidation.
Looking for break above $3.60 to maintain the bullish view
at least up to $4.25
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