Area Pattern : Pennent
Price Close last Friday : 1777.43
Support : 1718.73
Resistance : 1975.00
Breakout : 1719.00
Target : 1975.00
Recommendation: Be ready to Take Profit for Holding Issues when target is reached
PS. I think studying the INDEX or Average of issues under the same Industry could actually guide our trades. We can actually discover from the average if the stock we hold is already selling high or whether the issues we wish to buy still have more room for potential upside in comparison to peers in industry
After all: "Average Discounts Everything" we don't want to go against the tide if ever
