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INDUSTRIAL Index (1 viewing) (1) Guest
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TOPIC: INDUSTRIAL Index
#5143
voiyong (User)
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Posts: 91
graphgraph
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INDUSTRIAL Index 1 Year, 11 Months ago Karma: 0  
Area Pattern : Upward Channel

Price Close last Friday : 3997.44
Support : 3938.72
Resistance : 4050.00
Breakout : 4055.00
Target : 4150.00

Recommendation: Be ready to Take Profit for Industrial 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
 
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