Tuesday 7 August 2012

Sakari Resources

can u see that the previous peak was resisted by 20 dMA? and didn't really break thru......so it U-turn down.

Price has broken thru 20 dMA now....watch out for the $1.5 resistance though...might have some selling there.

can u also see that from june to Aug...there's substantial vol while price is low from 1.16-1.30??? This could be invisible hands (BB, Big Buyers, Stock manipulators) accumulating the stock.

Disclaimer: note that i am just sharing my analysis with u....pls make your own decision to buy/sell.....

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