Tuesday, June 17, 2014

Tat Hong - Follow up post, moving higher?

Previous post on Tat hong, shortly after our post, the stock move higher.

Tat hong is having a consolidation for the past few weeks, we see that this stock is not falling despite market has weakened. Today we see some strength in Tat hong chart, banker's money seems like getting into the stock. Lets monitor if tomorrow price break above the high of previous day close, if it does Tat hong will have a chance of breaking out to higher ground.

Stoploss can place at $0.82, breaking below the trendline

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