jackson424

jackson424 Updated 

Indicators need to regain momentum before the crash down. Candles are forming a wedge, downtrend should continue after the wedge is completed.

jackson424

Found bullish weekly divergence of its MACD. But once RSI breakout, will exit immediately. Also, Target revised to 1.47 as it is major support level.

jackson424

Let's see if a little break down occur before I go Long. 5 years 0.618 retracement + 2014-2015 trend line support at 86 level. Long Px: 86 SL: below 2011-2015 0.618 retracement, i.e., ~85.3 Target 1: 88 Target 2: 89 (sell all at any time if 5 years 0.5 retracement active) Target 3: 90

jackson424

World equity market slumps, IPO, trading volume will shrink. Cutting jobs definitely helps - help us to have a better short position. New to trading, please comment.