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Pan United Stock Scan
In April 2014, and August 2014 Pan United Stock completed the double top. Completed the fist low in December 2014 and retested in March 2015, the double bottom was failed in April 2015. Since then the price has be moving south.
See chart, the PA is away from the River. It is early for the price to move back and cross up River.
If you plan to catch the falling knife, it better to wait for PA to bounce above River. Even if you will catch the falling knife, you should be trade with eyes open; there are may possible significant level to slow the raising move.
June 16, 2015 Pan United, P52
Trade Strategy
General guideline, buy when price action bounce above River, sell when price rejected by River.
Only enter buy after price near support and completed bullish chart pattern (candlestick), and sell when the price is near resistant and price action completed bearish chart pattern.
You can read about other Singapore Stocks scan in this website.
Thanks for visiting the website.
Moses
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