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Post by Admin on Aug 4, 2013 15:14:09 GMT 8
If you don't know wth is falg trading, it something like this.
When a stock cheong, then agar agar it will do a lao sai or continue to cheong. Flag trading means you try to look see look see got flag pole or not. means the price cheong in a short period of time. Then follow by a ding dong ding dong for few days. This ding dong then makes a flag lorr. Can see the chart, look like a flag. A break out of this flag is usually cheong to heaven. That is what pee pur say.
Look at Osim, it break the flag last week le. See the red line, its just resistance. the bar goes over it also already. if the volume is good, you can still chase after it but provided must jaga whether got any other resistance or not. For Osim reistance next is 1.46. So personally i would not chase already but wait for lao sai first. See the red arrow. Let it lao sai to the red line and if can stay aroudn this red line level, then will see can buy or not.
For the brave punters, cut loss 6-8 cents from entry
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