December 26, 2016
Moses Stock Analysis
Hong Kong Stock – Sunny Optical
Bucky Fuller
Richard Buckminster Fuller, best known as “Bucky” Fuller was an American architect, systems theorist, author, designer, and inventor. He has left behind (published) more than 30 books.
He had said, “Don’t Fight Forces, Use Them.”
Richard Buckminster Fuller Photo from Internet.
Don’t Fight Forces; Use Them
By R Buckminster Fuller.
Don’t Fight Trend; Ride Them
In trading, we believe do not fight trend, ride them. Trend is a kind of force, basically what Bucky said is very right.
Traders believe. We amibrokeracademy.com fully agreed too.
Sunny Optical Technology Company Limited | 2382.HK Weekly Chart 2015 -2016
Picture worth a thousand words, stock has done a well in 2016. Only from September onward the stock start to move sideways. The stock has tried to break below, finally the price action got lower. Let examine the chart more closely. See the chart after.
December 23, 2016 Hong Kong Sunny Optical Technology Company 2015 – 2016 Weekly
Sunny Optical Technology Company Limited | 2382.HK 2015 Weekly Chart
See the arrows,these are the pullback. The price action supported by the 34 EMA Wave. The price pullback to the Wave and bounced back. Finally, the price action break lower, lower than the 34 EMA Wave. Will support turns resistance? Will see.
December 23, 2016 Sunny Optical Technology Company 2015 Weekly
Moses Stock Desk
AmiBrokerAcademy.com
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