Disclaimer: This is my personal stock chart diary and doesn't suggest any trading tips. Due diligence is a must.

My personal trading mantra: Keep It Simple Stupid

Tuesday, June 28, 2016

Trans-Asia Oil & Energy Development Corporation #TA

TA Daily Chart
NOTES:

  • Main trend: Bullish
  • Short term trend: Downtrend
  • Seller's area: 2.70
  • Buyer's area: 2.30
  • Previous resistance is now the current support.
  • We still want to see a more valid confirmation candle or perhaps a volume spike to validate its reversal.

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