Tuesday, April 18, 2006

Star Stock: C&O 3rd wave coming!



Immediate Resistance: 0.52
Immediate Support: 0.48

C&O is currently on the uptrend. This stock should be in Wave 3 now. With Wave 1 ranges from 0.21 to 0.385 and Wave 2 ended at 0.315, wave 3 should have a target price of around 0.595. Try to catch this counter between 0.48 to 0.5. Cut loss if 0.48 support is breached.

3 Comments:

At 11:46 PM, Anonymous Anonymous said...

bro, it seems your analysis is wrong. The share price has dropped to 0.46 and it is pathetic.

 
At 12:03 AM, Blogger Bryan Chin said...

Hi,
Yes, I did make some "bad" calls recently such as C&O and Memory Device. But it did reach as high as 0.53 before turning back. No choice, there is a sudden change in sentiment the last few days.

 
At 4:51 PM, Anonymous Anonymous said...

So bro, can u help to do another updated chart for C&O on its new support and resistance. Thanks.

 

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