Olam and Kepland

Kepland exhibited a marvelous rebound, upon hitting support of 3.27. It is now at its resistance of 3.85. Cautious traders can take some profit or tighten their stop while waiting to see how the counter is going to react. The candle of 12 Dec 12 looks strong and steady. It is likely that price will break that resistance before have a pull back.

On the extreme, Olam seems to stablised at its current price after so much talks in the media. Nontheless, there is a stronger support at 1.35.

Kepland12Dec12Olam12Dec12

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The purpose of this blog

I have come a long way in understanding the market and consistently profit from it, battling the greed and fear. Proper risk management and careful use of strategies help. I was once an inexperience and fearful investor so I understand what is it like to feel lost when the market turns against you. Taking this opportunity, I would like to share with you my thoughts on the market and perhaps some technical tools to help some beginners to start off. For those who lost money in the market, you may email me with your trade details so that I can better explain to you, using technical analysis, on what had gone wrong, purely for educational purposes so that you can avoid such mistakes in future.

As I have just started this blog, it may take a  while for me to populate this site with information. I will try to put some interesting content in this website.