Quarterly Review of current chart directions
China Mobile
Review: Still resisted near Fib 1.618 of the downtrend.
Plan: Hold with eye to TP if it breaks out nearer Fib 1.00 (88)
ABC
Review: Prices climbed back into the uptrend channels. Looks likely to range between Fib 0.236 and Fib 1.00
Plan: Hold.
Keppel Corp
Review: Prices bounced off blue tenkan, still on track to near Fib 1.618 (8.88)
Plan: Hold.
MLT
Review: Prices resisted by brown kijun. Any further upsides probably capped near Fib 1.00 (1.8x)
Plan: Trim if prices near Fib 1.00, add if prices near Fib 2.618
CLCT
Review: Prices still stuck in long term downtrend channel. Any further upsides probably capped near Fib 1.618 (1.0x)
Plan: Trim if prices near Fib 1.618
HST
Review: good thing is that prices appear to have broken above the lower wave trend line. Bad thing is that there might still be a further dip towards Fib 1.618 (0.54) before it attempts any support / reversal.
Plan: Hold with eye to trim if entries allow
ICBC
Review: prices near Fib 1.618 of downtrend wave but still not having hit it yet, which means there might still be a further dip before reversal.
Plan: Trim if prices bounce towards Fib 1.00 (4.0x) of uptrend wave.
China Feihe
Review: Prices likely near the bottom
Plan: trim if prices retest the downtrend line
YYY
Plan: Hold
DHLT
Review: Prices likely to range between Fib 1.00 and Fib 1.618 until further clarity in the market
Plan: Hold
Delfi
Review: Prices likely to range between the lower channel with support near Fib 1.618 (0.77)
Plan: Hold with eye to TP if prices breakout and nears 1.8x-2.0x
SATS
Review: Prices likely to range within the descending triangle until further clarity in the market
Plan: Hold
KIT
Review: Prices likely to range between Fib 1.00 and Fib 0.236
Plan: Trim if near Fib 1.00
Singtel
Review: Prices still ranging within the channel
Plan: Hold
FLCT
Review: Prices likely to see resistance near Fib 1.618 (1.2x), with best case scenario Fib 1.00 (1.3x)
Plan: Hold
Thaibev
Review: Chart looks terrible with prices having fallen below the downtrend channel. But as with previous breakdowns, prices tended to return to the top of the uptrend channel
Plan: Sell if prices recover to the top of the uptrend channel
CFA
Review: Prices has chance to retest Fib 4.236 (0.89) of the downtrend wave
Plan: Trim near 0.89
ST Engineering
Review: Prices still hanging above Fib 1.618 of uptrend wave which implies possibility of going higher towards Fib 2.618 (5.1x)
Plan: Look for entry near 3.3x and 2.8x during black swan crash
CLR
Review: Prices have chance to recover towards Fib 1.618 (0.95)
Plan: Trim if prices near 0.95
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As always, gentle reminder to dyodd
