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I bought it where heard sinotel to implement share buy back, now I'm doubting whether because they will buy back then push the price down?
According to the MACD, they going to cross over.
starlene ( Date: 19-May-2010 17:23) Posted:
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many kenna conned by this stock
chewwl88 ( Date: 19-May-2010 17:22) Posted:
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Get some news that US & EU is trying to play show. They want to make EUR down then up again. In this case, it may be an correction. The trend still in bull side.
Sinotel may hit high after this correction. TA $0.61
any comment?
every point is sideway!!! can TA tell the trend for the next 3-5 days?
Green channel support will be tested and support failure here will see a drop into the orange confluence support box region. A successful rebound from the lower green channel support will meet strong resistance at the 45 milestone. Upward moves will probably be restricted by the upper resistance of the blue, green and red channels.
Stay alert and be nimble as current market condition continues to exert downward pressure.
View chart at http://tactcharts.blogspot.com/2010/05/sinotel-weekly-chart-channel-testing.html