Wednesday, November 28, 2012

Singapore stock chart - Liongold

Liongold closed $1.07 on tuesday, the trend was changed to bearish red bar in august at $1.23 till two days ago it changes to bullish blue again at $1.07. the chart pattern seems like a double bottom is forming right now. Currently the price is very close to the support is at $1.03, if you are trading this stock for mid term you may want to put a stoploss below $1.03. Mid term resistance maybe seen at $1.18