Thursday, September 9, 2010

GTRONIC - ACCUMULATION IN PROGRESS

Hi All,
GTRONIC is not the best counter in electronic sectors, but based on acc/dist, it show that the phased of accumulation is in progress.  When price at the bottom and not moved up or down as shown on yesterday chart,  but acc/dist still going up,  u know one day that this counter will be going up for short technical rebound or for longer rebound.  And the beauty is it was trading below 200MA and cut loss very-very minimal.  So, my ESP as below.  Don't Enter until the price touch the ENTER price, otherwise u will stuck like SUNRISE. TQ.

E - green line

Stop loss -   red line

P - blue line

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