test4

Thursday, July 23, 2009

China Hongxing TA

Something about China Hongxing... Shall describe instead of uploading my chart here.

1) Hongxing first hit its 200 day MA on 11 May 2009 at 22 cents before bouncing down

2) Hongxing travels along its 200 day MA from 2nd Jun 09 to 8th Jun 09 before coming down again

3) Hongxing briefly crossed its 200 day MA on 26th, 29th and 30th Jun 09

4) Within this volatile period, Hongxing was still contained within the cloud of the ichimoku.

5) 9th July, 50 day MA crossed 200 day MA, 17th July price crossed 50 day MA.

6) 21st July, Hongxing officially break resistance of icimoku cloud, with the cloud now forming the support.

7) Hongxing touched 0.19 resistance.

8) Parabolic SAR green. MACD positive. Stochastics still positive, but seems like going to cross over soon.

9) 20 day MA coming up to touch 200 day MA, and we need to see if it will touch and cross 50 day MA.

10) Ascending triangle spotted. Break upwards expected.


In short, might expect a breakout from Hongxing upwards...


Caveat Emptor

3 comments:

  1. PLEASE READ!!Hello Guys!!! I am Caro I live in Ohio USA I’m 32 Years old, am so happy I got my blank ATM card from Adriano. My blank ATM card can withdraw $4,000 daily. I got it from Him last week and now I have withdrawn about $10,000 for free. The blank ATM withdraws money from any ATM machines and there is no name on it because it is blank just your PIN will be on it, it is not traceable and now I have money for business, shopping and enough money for me and my family to live on.I am really glad and happy i met Adriano because I met Five persons before him and they could not help me. But am happy now Adriano sent the card through DHL and I got it in two days. Get your own card from him right now, he is giving it out for small fee to help people even if it is illegal but it helps a lot and no one ever gets caught or traced. I’m happy and grateful to Adriano because he changed my story all of a sudden. The card works in all countries that is the good news Adriano's email address is adrianohackers01@gmail.com

    ReplyDelete
  2. PLEASE READ!!!Hello Guys!!! I am Sharon I live in Ohio USA I’m 37 Years old, am so happy I got my blank ATM card from Adriano. My blank ATM card can withdraw $4,000 daily. I got it from Him last week and now I have withdrawn about $10,000 for free. The blank ATM withdraws money from any ATM machines and there is no name on it because it is blank just your PIN will be on it, it is not traceable and now I have money for business, shopping and enough money for me and my family to live on.I am really glad and happy i met Adriano because I met Five persons before him and they could not help me. But am happy now Adriano sent the card through DHL and I got it in two days. Get your own card from him right now, he is giving it out for small fee to help people even if it is illegal but it helps a lot and no one ever gets caught or traced. I’m happy and grateful to Adriano because he changed my story all of a sudden. The card works in all countries that is the good news Adriano's email address is adrianohackers01@gmail.com

    ReplyDelete

Please Comment >>