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All postings and comments are based on my personal opinion. It is purely for sharing purpose and no inducement for any buying or selling.
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Monday, February 26, 2007

Jadason


Jadason closed at 0.28 today. MACD is crossing over and is above zero centerline, RSI and Stochastics is moving up as well. Strong buying today.... 10,835 lots were bought and only 1,682 lots were sold. Enter at 0.28 today, will see how it goes tomorrow.

3 comments:

Anonymous said...

Hi

I have bought Jadason too .... can u advise what is your views now as the price keep dropping.

SGTrader said...

Hi,

What price did u enter? Jadason main support is currently at 0.215. Base on the chart, a positive divergence is formed. Meaning technically, it will move upwards soon....of course, provided the market din have a correction.

The next resistance will be at 0.245 follow by 0.285. I'll post the chart and you may like to take a look.

If I'm not wrong, CIMB had called for a 12 mth tgt price of 0.345 on Oct 06.

Anonymous said...

I bot at 24cts each